NEWPORT BEACH, CA--(Marketwired - Jul 15, 2014) -

"The July 15th Wall Street Journal article is full of untruths and mischaracterizations that are unworthy of a major news daily. We stand by Bill Gross as PIMCO's founder, Chief Investment Officer and future investment leader," said a PIMCO spokesperson.

Contact Information:

Contact:
Mark Porterfield
PIMCO - Media Relations
949-720-6397