Talpins's Element Hedge Fund Is Sued for Discrimination
- Former executive alleges firm paid men far more than women
- Deborah Stine says she had to manage founder’s traffic tickets
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A former managing director at Element Capital Management sued the hedge fund, alleging that she received far less pay than her male counterparts and had to handle menial tasks for founder Jeffrey Talpins, including reconciling his decorating bills and managing his traffic tickets.
Deborah Rose Stine, 52, filed the gender discrimination suit against the firm last week in New York Supreme Court after initially submitting a complaint to the U.S. Equal Employment Opportunity Commission in September, according to a copy of the court filing.