Matt Levine, Columnist

Bill Gross Is Still Mad at Pimco

Anyone can sue anyone for anything. You barely even need a reason.

October 8, 2015 at 6:58 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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I'm sure it's just the sort of boilerplate that is in every lawsuit, but still this might be my favorite passage in Bill Gross's absurd lawsuit against Pimco:

What I like here is the image that Gross "is informed and believes" that 100 people whose "true names and capacities are unknown" to him conspired against him. Again, this passage is boilerplate, and doesn't literally mean that. But the rest of the lawsuit, in which Gross is suing Pimco for "hundreds of millions of dollars" for unfairly ousting him from his job as chief investment officer in September 2014, is not really inconsistent with that image. I mean, here is the non-boilerplate introduction to the complaint: