Pay Disparity and Sexual Harassment Filed Against Cedar Realty CEO Schanzer
Ex CEO of Cedar Realty Nancy H Mozzachio filed a lawsuit against the company’s current CEO Bruce Schanzer for the charges of pay discrimination and sexual harassment. The lawsuit is currently ongoing, click here to learn more, a judge located in Brooklyn is will be the one to decide if the cases filed must proceed in court.
CEO Schanzer is being accused of giving out comments inappropriate for the workplace by Nancy Mozzachio, view this website now! CEO Schanzer also called former COO Nancy “babe” and has made a few side comments about her breasts. Aside from those, CEO Shanzer is also said to make some inappropriate joke about bringing some Double Ds to work when the former COO was drinking some coffee. He also gives tight hugs to the Ex-COO Nancy Mozzachio which seemed to be improper rather than professional.
After the charges of pay disparity and sexual harassment was filed in court, the company has made a crucial decision to remove Nancy as Chief Operating Officer. She was terminated from her position after the meeting was canceled.
On the year 2015 there had been circulations that an external investigation is being conducted regarding the case, that’s also the time where Cedar Realty did some probing about it. But according to the former COO Nancy, the investigators never probed on the claims made by the female workers who were said to be victims of the sexual harassment as well made by Schanzer. There was an employee of the said company that went to Wall Street Journal to help spread her experience with Schanzer; according to her- she was asked by the CEO what color her underwear is. Cedar Realty has paid large amounts of settlement for the victims of Schanzer to prevent them from spreading any more stories about the incident, read this website for more info!
Nancy Mozzachio is very well known for her triumphant career with the company. From becoming the Chief Operating Officer in 2014, she has been in a couple of tough positions like being the Director of Leasing and the Vice President for Leasing in the year 2003 up to 2004. Based on the allegations she has made about pay disparity, she is only receiving a small bonus incentive and a lower salary as Chief Operating Officer rather than the Chief Financial Officer and she expressed how unfair that is on her part knowing she should have the bigger pay. The said company has pleaded no guilty on the charges and after the investigation process made, the charges have not been approved and has been identified as no merit.
Even though her lawsuit did not go well as planned, Nancy Mozzachio will continue to keep fighting for justice. Check it out now!