Allianz says Bill Gross's $200 mln lawsuit has no merit
October 08, 2015 at 14:47 PM EDT
FRANKFURT, Oct 8 (Reuters) - German insurer Allianz on Thursday said a $200 million lawsuit launched by former employee and renowned bond investor Bill Gross over his ouster from Allianz's asset management unit Pacific Investment Management Co (Pimco) had no merit.