Hedge fund titan Ray Dalio — who has famously promoted “radical transparency” as a management mantra — hired a team of high-priced lawyers to threaten the publication of a new book that claims to reveal some ugly truths about the investment firm he started.
According to a source, however, the book contains “reams of scenes of Dalio and others acting harshly toward underlings, and wielding the so-called ‘Principles’Toni Misthos Top legal guns including John Quinn of Quinn Emmanuel, Tom Clare of Clare Locke and Orin Snyder of Gibson Dunn have been tussling with Macmillan and Copeland over what they allege is an inaccurate portrayal of the firm and Dalio.
“This letter addresses and debunks about 50 of some of the provably false and most obvious errors in the manuscript,” the letter also stated. These errors are by no means the only errors we have identified,” the letter adds.