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Bill Gross's Big Swing at Pimco Seen Hinging on Contract Issue

  • Claims deal with Allianz CEO to keep job nixed at last minute
  • Litigator calls Gross's complaint more PR campaign than suit

Bill Gross is taking a big swing at Pimco. Landing the blow won’t be easy.

The co-founder of bond giant Pacific Investment Management Co. decried the way executives formed a “cabal” to force him out in an alleged plot to divvy up his 20 percent share of the bonus pool.