According to media reports, global investment banking and brokerage firm Morgan Stanley is facing yet another lawsuit about inappropriate sexual harassment by employees.

This case is based on accusations of former Morgan Stanley assistant against her boss, a broker in the bank’s Melville, Long Island office. As the NY Daily News reported last week:

In a suit filed in Manhattan Supreme Court yesterday, Lisa LaMacchia, 30, claimed Richard Dorfman sexually tormented her. And when she complained to higher-ups, she was ordered transferred and ultimately fired, the court papers charge.

Morgan Stanley spokeswoman Christy Pollak insisted the firm’s policy against sexual harassment is “strongly enforced.” [but] LaMacchia’s lawyer, Joseph Ranni, scoffed at the notion.

“This is how these guys operate,” he said. “Subordinates are just fair game, especially young women. And if managers think they can do things with impunity, they’re emboldened.”

The suit is the latest in a string of legal actions against Morgan Stanley that have highlighted boorish boys’ club behavior on Wall Street. The bank has shelled out $100 million to settle sex-bias suits from women who claim they were shortchanged or forced to endure raunchy office shenanigans.

The lawyer said the abuse his client endured was especially egregious in light of the tens of millions Morgan Stanley has paid to settle sex-bias suits. “It shows they don’t want to get it,” he said. “They don’t want to do a thing about it.”

Commentary: We left out all the lurid details, leaving readers to go to the NY Daily News to check it out for themselves. It’s hard to miss though – just look for the NY Daily News headline, “BOSS STOLE MY UNDIES EX-MORGAN STANLEY WORKERS SAYS.” Rather embarrassing considering that the The NY Daily News has only…1 million subscribers.