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22

Pimco Executive Resigns After Allegations of Inappropriate Behavior

By Tony Seruga

Bill De Leon’s resignation follows an internal review into his alleged behavior at a May 2017 charity even

A senior Pacific Investment Management Co. executive resigned on Friday after facing allegations he acted inappropriately toward a colleague, people familiar with the matter said.

Bill De Leon, head of portfolio risk management and a managing director at the Newport Beach, Calif., bond manager, stepped down following a weeklong internal investigation into his alleged behavior at a May 2017 charity event in New York, the people said. While the gathering wasn’t a Pimco event, it was attended by several employees of the firm….

Pimco Executive Resigns After Allegations of Inappropriate Behavior

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