ATLANTA - The head of Pryor, McClendon, Counts & Co. yesterday vigorously denied that his firm engaged in any improprieties in handling the bulk of trading last year for Atlanta's $1.3 billion fixed-income investment portfolio.

Malcolmn D. Pryor, chairman of the Philadelphia-based minority-owned firm, also suggested that at least some of the city's questioning of his firm may be racially motivated.

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