Cedar Realty CEO Faces Sexual Harassment Lawsuit
Former Cedar Realty Chief Operating Officer Nancy H. Mozzachio filed a pay discrimination and a sexual harassment lawsuit against the company’s CEO Bruce Schanzer. A judge in Brooklyn will soon be the one to decide if these charges must proceed.
According to Nancy Mozzachio, based on the lawsuit she filed on November 2 regarding Schanzer, she claims that the CEO leered regularly at women working in the workplace and made comments that are uncalled for. Aside from calling Nancy Mozzachio ‘babe’, Schanzer also commented about her breast. One time when she brought to her desk a coffee cup from Dunkin Donuts, she was commented by him to be bringing some double Ds to work. Moreover, she says that Schanzer has been giving here some groping hugs that are just uncalled for.
According to Nancy H. Mozzachio, when she files a pay disparity and sexual harassment lawsuit, she was fired by the company as a result. By February 2016, she was terminated when she was found to have gone to the outside counsel of Cedar to discuss what procedures she must take for the sexual harassment lawsuit she is filing. Come the following week where her meeting was canceled, she was then terminated.
Allegations were then investigated by Cedar Realty after a 2015 external investigator probe. Even if these investigations were being done by the company, Nancy Mozzachio says that the investigator always stepped back when they were allegations of sexual harassment to Schanzer by the female employees. One of the reports of the Wall Street Journal has even gotten some claim from one female employee who has been asked by Schanzer what color her underwear is. In order for the investors not to know about this matter, the company has decided to pay the people who have filed some complaints against Schanzer about their being sexually harassed.
The company has obtained some success because of Nancy Mozzachio and she as well. She has made her way to the top as being the chief operating officer in the year 2014 after she has become the director of leasing and vice president of leasing in the years 2003 and 2004, respectively. Based on her lawsuit, she mentions that even if she is supposed to get higher compensation than the CFO as being the COO, she was being paid lower salary as well as a small bonus than the chief operating officer. Cedar Realty has made it clear that they are not guilty of these charges and after thorough investigation by the board, findings have shown that the allegations are just of no merit.
Even if this is the outcome, Nancy H. Mozzachio will still not back down. Until this day, she will fight for what is right and in providing female employees a safer place to work in.