Cedar Realty CEO Faces Sexual Harassment Lawsuit
Cedar Realty’s CEO namely Bruce Schanzer is now facing charges of pay discrimination and sexual harassment as filed by their former Chief Operating Officer namely Nancy H. Mozzachio. It is just waiting for a Brooklyn judge to be deciding if the lawsuit has more merit to 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. Schanzer is used to calling Nancy Mozzachio ‘babe’ as well as commenting about her breasts. While holding a coffee cup from Dunkin Donuts, he said allegedly that she has double Ds today. In addition, Schanzer was said to have been groping her from time to time at work that is totally unwanted.
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. According to her, the meeting was canceled and then she was then terminated on the coming week.
By a 2015 external investigator probe, Cedar Realty decided to investigate these allegations. However, according to Nancy Mozzachio, the investigator never probed on the allegations made by the female employees who were said to be harassed sexually by Schanzer. 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. So that investors will not be taking back their money from the company, these complaints are silenced as per Mozzachio by paying by payroll the complainants.
Nancy Mozzachio has basically become a success in this company. In 2003, she became the director of leasing and then was promoted vice president by 2004, while in the year 2014, she then became the chief operating officer. In terms of her complaints, the company is giving her only a smaller bonus and a lower salary as chief operating officer in comparison to their chief financial officer that should not be the case as she must be the one receiving a higher amount. 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.
Nancy H. Mozzachio is still coming back for more after this denial. She will continue fighting for the right of women working in a safer workplace.