T. Rowe Price is accused of bias Ex-employee sues, alleging bias against Jews and women.

June 26, 1992|By Norris P. West | Norris P. West,Staff Writer

Debra J. Diamond says she was treated unfairly by T. Rowe Price Associates Inc. from the start.

Ms. Diamond says in a federal discrimination lawsuit that she had to pay her relocation costs when she joined the Baltimore investment company 15 years ago, although the company picked up moving expenses for men hired at the same level.

And for the next 15 years, Ms. Diamond claims in court papers, T. Rowe Price paid her less than her male counterparts, promoted less-qualified men over her and excluded her from important social events and club memberships because of her gender and religion.

Ms. Diamond, 39, who is Jewish, alleges in papers filed Tuesday in U.S. District Court in Baltimore that T. Rowe Price engaged in a wide-ranging pattern of discrimination against women and Jews.

A lawyer for the company denied those charges.

"The facts will clearly demonstrate that she was treated fairly," said Richard J. Hafets, an attorney for T. Rowe Price. "Basically, we think the allegations are lacking in any merit at all."

Mr. Hafets noted that many of Ms. Diamond's allegations are from incidents she says occurred several years ago. She did not complain at the time about being treated unfairly, he said, adding that he would file court papers denying the allegations.

Ms. Diamond was a mutual fund manager at the company when she was discharged March 24. She said yesterday that she was considering other job prospects but would not comment on her case.

She filed a discrimination suit against the company April 16. The amended complaint filed this week charges that women and Jews were excluded from the highest positions.

The suit seeks $10 million in pay, lost benefits and damages. "The salaries we're dealing with are very large," said Marcy M. Hallock, Ms. Diamond's attorney.

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