Alam v. Fairstead Management LLC

CourtDistrict Court, S.D. New York
DecidedFebruary 26, 2025
Docket1:24-cv-00849
StatusUnknown

This text of Alam v. Fairstead Management LLC (Alam v. Fairstead Management LLC) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Alam v. Fairstead Management LLC, (S.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF NEW YORK

------------------------------X

SHAH ALAM,

Plaintiff, MEMORANDUM AND ORDER

24 Civ. 849 (NRB) - against –

FAIRSTEAD MANAGEMENT LLC and

JEFFREY GOLDBERG,

Defendants.

------------------------------X NAOMI REICE BUCHWALD UNITED STATES DISTRICT JUDGE Plaintiff Shah Alam brings this action against his former employers, defendants Fairstead Management LLC (“Fairstead”) and Jeffrey Goldberg (“Goldberg”), for allegedly discriminating against him, terminating him in retaliation for whistleblowing, and improperly withholding his bonuses. ECF No. 25 (“FAC”). Defendants move to dismiss plaintiff’s first amended complaint. ECF No. 26. For the following reasons, defendants’ motion is granted in part and denied in part. BACKGROUND I. Factual Background This case follows plaintiff’s employment at Fairstead, which lasted from August 2020 to July 2023. FAC ¶¶ 3, 69. Fairstead is a New-York based real estate company, and Jeffrey Goldberg is Fairstead’s CEO. Id. ¶¶ 1, 2, 34, 35. In August 2020, Goldberg -1- hired plaintiff Shah Alam to serve as President of Fairstead’s in- house property management company. Id. ¶¶ 3. Plaintiff asserts that he worked from Maryland but regularly traveled to New York

and “stayed in New York for multiple days” to “work out of Fairstead’s offices” there. Id. ¶¶ 37-38. During Alam’s time at Fairstead, Goldberg allegedly discriminated against plaintiff for being a dark-skinned Muslim man from Pakistan. Id. ¶¶ 7, 32, 46, 49, 111. Goldberg, for example, purportedly made comments like “I thought you were all from the same country” when referring to people of color. Id. ¶ 50. Plaintiff asserts that Goldberg refused to acknowledge plaintiff’s celebration of Muslim holidays, id. ¶¶ 51, 52, and “undermin[ed] Plaintiff’s supervision and management of his team,” id. ¶ 111. Although plaintiff raised his concerns about Goldberg’s actions with HR, he was allegedly told “that’s just the way he

is.” Id. ¶ 56. In the beginning of 2023, Alam met with Fairstead’s owner and told him that the company’s HR and accounting departments were “not complying with legal and regulatory requirements,” in part because “Goldberg violated labor laws by firing Fairstead employees without paying them what they were owed.” Id. ¶¶ 59, 60. Alam also told the owner that “Fairstead had misrepresented to [the U.S. Department of Housing and Urban Development (“HUD”)]

-2- that it would invest in certain properties that Shah managed but had not done so.” Id. ¶ 61. Following Alam’s conversation with the owner, Goldberg told Alam that “it was best for Alam and

Fairstead to ‘go their separate ways.’” Id. ¶ 63. The terms of Alam’s at-will employment are governed by an employment agreement dated August 5, 2020 (the “Employment Agreement”). Id. ¶¶ 4, 73; ECF No. 28-1 (Employment Agreement) § 2.1 The Employment Agreement’s bonus compensation provision states in full: D. Bonus Compensation. While you are employed with the Firm, you will receive a minimum annual guaranteed bonus payment of $100,000 (“Annual Guaranteed Bonus”). Such Annual Guaranteed Bonus will be paid to you in full in one lump sum payment no later than March 31st of the following calendar year. If you are terminated without Cause during the calendar year, you are eligible for a pro-rata share of the Annual Guaranteed Bonus as further described in Section 3. You are also eligible to be considered for an annual discretionary bonus targeted at $200,000 (or 50% of base compensation) if targets are met (“Annual Discretionary Bonus”). This bonus shall be prorated for the period of time of employment in year one of employment, and you will be eligible for the full amount in subsequent years. In order to receive an Annual Discretionary Bonus, you must be in “Active Working Status” as the time of the bonus payment. For purposes of this Agreement, Active Working Status means that you have not resigned (or given notice of your intention to resign) and have not been terminated for any reason (or been given notice of your termination). The fact that you are in Active Working Status on the date discretionary bonuses are paid does not mean that you

1 The Employment Agreement is integral to plaintiff’s amended complaint and may be considered on a motion to dismiss. See DiFolco v. MSNBC Cable L.L.C., 622 F.3d 104, 111 (2d Cir. 2010). -3- are entitled to a bonus and your bonus may be zero except as otherwise provided herein. Further, pro-rated bonuses will not be given to employees who resign or are terminated during the year. You acknowledge and agree that in entering into this Agreement you have not relied upon any oral or written promises of any kind that you will receive a bonus or other compensation of any kind that is not set forth in this Agreement. No oral promises prior to or subsequent to entering into this Agreement that you may or will receive a bonus or other compensation are enforceable or valid.

Employment Agreement § 1.D (emphasis in the original). Alam’s final day at Fairstead was on July 7, 2023. FAC ¶ 69. While plaintiff claims he never received his promised bonuses for 2022 and 2023, id. ¶ 65, he acknowledges that Fairstead deposited $61,400 in plaintiff’s account via direct deposit in April 2024, id. ¶ 71. II. Procedural History Plaintiff filed his initial complaint on February 6, 2024. ECF No. 1. Following the parties’ pre-motion letters regarding defendants’ anticipated motion to dismiss, ECF Nos. 12, 14, the Court held a conference on May 9, 2024 and allowed the plaintiff to file an amended complaint before defendants brought a motion to dismiss. Plaintiff did so and filed his amended complaint on June 7, 2024. ECF No. 25. On June 28, 2024, defendants submitted their motion to dismiss, ECF No. 26, and memorandum of law, ECF No. 27 (“Def. Br.”). Plaintiff opposed this motion, ECF No. 30 (“Opp.”), and -4- defendants replied, ECF No. 31 (“Reply”). LEGAL STANDARD Defendants move to dismiss plaintiff’s amended complaint

pursuant to Rules 12(b)(1) and 12(b)(6) of the Federal Rules of Civil Procedure. Under Rule 12(b)(1), a “case is properly dismissed for lack of subject matter . . . when the district court lacks the statutory or constitutional power to adjudicate it.” Makarova v. United States, 201 F.3d 110, 113 (2d Cir. 2000). To defeat a motion to dismiss pursuant to Rule 12(b)(1), the plaintiff “must allege facts that affirmatively and plausibly suggest that it has standing to sue.” Amidax Trading Grp. v. S.W.I.F.T. SCRL, 671 F.3d 140, 145 (2d Cir. 2011). Where the defendant places jurisdictional facts in dispute, the court may properly consider “evidence relevant to the jurisdictional question [that] is before the court.” Robinson

v. Gov’t of Malaysia, 269 F.3d 133, 140 (2d Cir. 2001). However, if “the defendant challenges only the legal sufficiency of the jurisdictional allegations, the court must take all facts alleged in the complaint as true and draw all reasonable inferences in favor of plaintiff.” Id. (internal citation omitted). To survive a motion to dismiss under Rule 12(b)(6), a complaint must include “enough facts to state a claim that is plausible on its face.” Bell Atl. Corp. v. Twombly, 550 U.S. 544,

-5- 570 (2007).

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Alam v. Fairstead Management LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/alam-v-fairstead-management-llc-nysd-2025.