Bridgewater Says Former Executives Turned to Court for ‘Payout’

Bridgewater Associates said that two former executives who have accused the world’s largest hedge fund of favoritism, age and sex discrimination turned to court and the media in a bid to secure a “large payout.”

Ex-Bridgewater partners Jeff Gardner and Paul Ross filed a petitionin Connecticut state court last month, seeking documents linked to a 2023 restructuring that ousted them from their roles, and about about the handling of Chief Executive Officer Nir Bar Dea’s romance with another employee. Such a move is generally considered a precursor to suing for damages.

But in a response to the petition ...