Ex-executive of US$2 trillion money management firm sues firm, claims sacked for reporting misdeeds


  • Business
  • Thursday, 14 Mar 2013

NEW YORK: A former junk bond portfolio manager at PIMCO, the US$2 trillion money management firm, claimed he was fired last year in retaliation for reporting financial misconduct at the firm to U.S. regulators, court papers show.

In a complaint filed on March 5 in an Orange County, California state court, Jason Williams, 36, said PIMCO fired him last March after he reported that senior managers were involved in a variety of improper activities, including at the height of the recent global financial crisis.

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