July 14 (Bloomberg) –- Jack Kirby is considered one of the most influential comic book artists of all time. He created most of the best-known Marvel Comics superheroes, including Captain America, Thor, the Hulk, and Iron Man. Kirby passed away in 1994 but his heirs have been fighting for control of the copyright for the Marvel characters he created. Now that fight just may wind up at the Supreme Court. Due today is a response, from Marvel, to the Kirby estate's request for the Supreme Court to take the case. Produced by Josh Block. Edited by David Yim.
Animations by Stephanie Davidson. Narrated by Brendan Greeley (Source: Bloomberg)
Gross Seeks Vindication as he Sues Firm he Helped Build
44:12 - Bill Gross sued Pacific Investment Management Co. and parent Allianz SE for “hundreds of millions of dollars,” claiming he was wrongfully pushed out as the bond giant’s chief investment officer by a “cabal” of executives seeking a bigger slice of the bonus pool. Gross was expecting a bonus of about $250 million for 2014, with most of that due in the second half of the year, according to the lawsuit. Because he left the firm days before the third quarter ended, Pimco refused to pay him a proportionate amount, said the complaint, which claims that his termination resulted in damages to Gross of no less than $200 million.
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