Michael Bloomberg accused of fostering sexist corporate culture

His company is facing three lawsuits for sexual harassment and gender inequality, but he said his company had an “enviable record” of treating people equally in terms of compensation and promotions.
2:55 | 12/17/19

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Transcript for Michael Bloomberg accused of fostering sexist corporate culture
We're going to turn now to the race for 2020, and allegations tonight of sexism against Michael Bloomberg. The billionaire is accused of making crude and insensitive remarks toward women at his company. There have been a number of lawsuits and now a collection of boom berg's alleged comments from the 1990s is sparking new controversy. Here's ABC's chief global affairs correspondent Tom ma'am yas tonight. Reporter: Tonight, new questions about Michael Bloomberg and the company he founded that made him a billionaire. ABC news has learned that Bloomberg's company is currently facing three lawsuits for sexual harassment and gender inequality. The lawyer who brought those cases says Michael Bloomberg fostered a sexist corporate culture. He's faced similar accusations before. In the 1990s, one of his regional sales managers, sekiko Sakai, claimed in a legal complaint she told Bloomberg she was pregnant. She thought he would be pleased that she was pregnant. She said that to him. And he said to her, "Kill it." Reporter: Sakai resigned shortly after her child was born and filed a lawsuit alleging that she "Understood the statement of Michael Bloomberg to mean that I should have an abortion to keep my job." Bloomberg has strongly denied making the comment. But Sakai told the New York state division of human rights he made several sexist statements to her, as well. Eventually, she settled her case and signed a confidentiality agreement. But her first lawyer, Bonnie Josephs, tells us at the time, she interviewed a dozen Bloomberg employees who described a sexist atmosphere full of raunchy language and behavior. At the Christmas parties or other kinds of parties, the male employees sometimes put plastic breasts on them, which squirted water from the nipples of the plastic breasts. Reporter: The allegations echo what's found inside this booklet from 1990, "The portable Bloomberg: The wit and wisdom of Michael Bloomberg." A collection of quotes assembled by one of his top staffers as a birthday gift. Among those quotes -- "If women wanted to be appreciated for their brains, they'd go to the library instead of to bloomingdales." Bloomberg says he doesn't remember making those comments. ABC news pressing him on the campaign trail. Do you think you've made any mistakes in the way that you treated female employees at your company? I don't. Not everybody's happy. But we have an enviable record of treating people the same in terms of compensation and promotions and authority. Reporter: But David, a Bloomberg campaign spokesperson acknowledging, quote, Mike has come to see that some of what he has said is disrespectful and wrong. And tonight, one of Bloomberg's rivals, Elizabeth Warren is reacting to all of this, saying any woman who has been nda with Michael Bloomberg or his company should be released so they can speak freely if they want to, also saying that Bloomberg should have to answer for those past comments. David? Tom llamas reporting on the 2020 campaign. Tom, thank you.

This transcript has been automatically generated and may not be 100% accurate.

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