What does PIMCO refer to the terms of the settlement as?
Bill Gross, Pimco Said to Settle Suit Over His Departure
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Bill Gross and PIMCO have settled a breach of contract lawsuit filed in 2015 after Gross's ouster in 2014. The settlement terms are undisclosed, and neither party has commented. Gross alleged he was ousted by executives seeking a larger share of his bonus. The lawsuit has now been resolved.
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Who declined to comment on the settlement?
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