Before You Ask Smith Barney to Manage Your Assets, Listen to These Sexual Harassment and Sex Discrimination Allegations
26 women have filed a class action suit in federal court claiming sexual
harassment and sex discrimination at Smith
No more than 13% of the company's 11,000 brokers are women.*
Attorneys for the women plaintiffs allege only 5% of the firm's brokers
Only 8 of 390 Smith Barney branch managers are women.*
Attorneys for the women say they have received complaints about Smith
Barney from as many as 100 women.
Branch Office Complaints from Coast to Coast:
- Garden City, N.Y. A former branch manager allegedly brandished
a gun and used vulgar sexist slurs. The same manager has been accused of
furnishing a "Boom Boom Room" where he served male brokers bloody
marys and they joked about sexual harassment complaints.
- Richmond, Va. Women workers charge that a branch manager
told women workers at a Christmas party he would pay them $100 if they
took off their shirts.
- Knoxville, Tenn. Allegedly, a branch manager would say of
women in the office that "she needs a good (expletive) and I can give
it to her."
- Kansas City, Mo. A woman claims that her branch manager failed
to direct accounts from departing brokers to her, while routinely giving
such accounts to younger, less experienced male brokers.
- Seattle, Wash. A woman states that she found her job was
cut when she returned from maternity leave.
You Can Help!
Tell Smith Barney that sexual harassment and sex discrimination are
bad for business!
Jamie Dimon, CEO Smith Barney
388 Greenwich Street
New York, NY 10013
Join NOW's Women-Friendly Workplace Campaign.
Please sign our Consumer's Pledge.
* According to a Smith Barney spokesperson as
reported in the Washington
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