The lawsuit includes "new and extensive violations" about Harvey Weinstein's "vicious and exploitative mistreatment" of company employees, according to a news statement.
While the attorney general's investigation continues, the suit has been filed because Schneiderman's office is concerned that the sale of The Weinstein Company would leave victims without a way to get compensation for possible wrongdoing.
Mr Weinstein has been accused by more than 50 women of allegations ranging from rape to sexual harassment. He denies having non-consensual sex.
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The lawsuit presents an obstacle for ex-Obama administration official Maria Contreras-Sweet's bid for the company..
The lawsuit claims that the company's human resources department failed to properly address complaints, and that Bob Weinstein failed to maintain a safe workplace while serving as co-owner and co-CEO. "This compelled service demeaned and humiliated them, contributing to the hostile work environment".
NY prosecutors also allege that, at Weinstein's direction, the company employed one group of female employees whose primary job it was to accompany Weinstein to events and to facilitate sexual conquests. One female employee alleged that Harvey Weinstein exposed himself to her and would touch her without consent. These female employees were supposed to help his company produce films and television projects.
Harvey Weinstein's lawyer, Benjamin Brafman, could not immediately be reached Sunday evening.