Reacting to Jeff Gundlach's cross-complaint on Wednesday, TCW blasted Gundlach's "spin regarding the reasons for his termination" as "completely erroneous."

To read the rest of the story of the fight between Gundlach and TCW, click here.

"As is well documented, this comes from an individual who earned $40 million dollars last year and $135 million over the past five years," TCW spokeswoman Erin Freeman wrote in an e-mailed statement to The MFWire.

"We will address Mr. Gundlach’s counterclaims in the appropriate venue, which is the court. We have no intention of deflecting attention away from the serious misconduct and breach of fiduciary duties of which he and his co-defendants are accused," Freeman wrote.  

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