Pacific Investment Management Co. categorically denied claims of gender and pay discrimination, harassment and retaliation Wednesday in its first legal response to a lawsuit filed on behalf of five current and former female employees in November and amended in February.
In its response filed in California Superior Court in Santa Ana, PIMCO said it "vigorously denies that it discriminated, harassed or retaliated against the plaintiffs in any manner" and in fact "granted the accommodation requests" of the five plaintiffs for medical leave.
PIMCO added that "salacious and unfounded sex harassment allegations" by two plaintiffs "legally fail because they are plainly time-barred and have been included in this lawsuit for improper purposes, notably to garner media attention and inflame PIMCO's clients into questioning PIMCO's commitment to inclusion and diversity."
In the filing, PIMCO said the firm maintains robust anti-discrimination, harassment and retaliation policies and urges employees to report incidents violating the policies, noting that complaints are immediately investigated and action is taken if warranted. The firm said it also offers a variety of programs supporting women, Black and LGBQT employees.