Linette Cinelli, one of the three plaintiffs in the private lawsuit, said that she hoped the settlement would help the women who remained at the firm. She and the other two plaintiffs in her lawsuit will not share in the federal settlement because they have chosen to pursue their case privately.
The brokerage house has agreed to pay $1.75 million to settle a government lawsuit in which top managers were accused of sexually harassing female workers.
Martens charges that the manager once led around the office a woman sales assistant wearing culottes. Stopping at each male broker's desk, he ordered the woman to spread her legs, so the men could vote on whether the culottes violated the dress code for women in the office.
Martens also said the manager constructed a "Boom Boom Room" in the basement of the office. The room was allegedly decorated fraternity house style, complete with a toilet bowl hanging from the ceiling and an oversized trash can used to serve Bloody Marys to male brokers. The manager is accused of saying that sexual harassment complaints would be "deliberated" in the "Boom Boom Room".