HOGAN v. FIDELITY BROKERAGE SERVICES, LLC

CourtDistrict Court, D. New Jersey
DecidedMarch 17, 2025
Docket3:22-cv-06759
StatusUnknown

This text of HOGAN v. FIDELITY BROKERAGE SERVICES, LLC (HOGAN v. FIDELITY BROKERAGE SERVICES, LLC) is published on Counsel Stack Legal Research, covering District Court, D. New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
HOGAN v. FIDELITY BROKERAGE SERVICES, LLC, (D.N.J. 2025).

Opinion

NOT FOR PUBLICATION

UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY

SALLY HOGAN, Plaintiff, Civil Action No. 22-6759 (MAS) (RLS) MEMORANDUM OPINION FIDELITY BROKERAGE SERVICES, LLC, et al., Defendants.

SHIPP, District Judge This matter comes before the Court upon Defendants Fidelity Brokerage Services LLC (“Fidelity”), Fidelity Personal and Workplace Advisors LLC, Gerasimos Melissaratos, and Jon Strohl’s (collectively, “Defendants”) Motion for Summary Judgment. (ECF No. 39.) Plaintiff Sally Hogan (“Plaintiff”) opposed (ECF No. 41), and Defendants replied (ECF No. 44). The Court has carefully considered the parties’ submissions and reaches its decision without oral argument under Federal Rule of Civil Procedure 78(b) and Local Civil Rule 78.1(b). For the reasons below, Defendants’ Motion for Summary Judgment is granted in part and denied in part. L BACKGROUND The following facts are drawn from the Statement of Undisputed Material Facts (““SUMF”) (SUMF, ECF No. 39-1), Response to the Statement of Undisputed Material Facts (““RSUMF’”)

(RUSMF, ECF No. 41-1 at 1-24), and Counterstatement of Material Facts “(CMF”) (CMF, ECF No. 41-1 at 24-53), and are undisputed by the parties unless otherwise noted. ! A. Plaintiff's Employment at Fidelity and FMLA Leave Plaintiff was hired by Fidelity as a financial consultant in June 2020, and worked at Fidelity’s Princeton, New Jersey, investor center (the “Branch”), until she was terminated on October 1, 2022.7 (SUMF 4 8, 91, 97.) During her employment, Plaintiff directly reported to two supervisors. (/d. § 11.) From her start date until approximately March 2022, Plaintiff reported to Defendant Jon Strohl (“Strohl”) who served as Vice President, Branch Leader. Ud.) From approximately March 2022 until her date of termination, she reported to Defendant Gerasimos Melissaratos (“Melissaratos”) who served as Assistant Branch Manager. (Jd. § 11.) On multiple occasions during her employment at Fidelity, Plaintiff requested leave to care for her daughter, who suffered from malnutrition, weight loss, and low heart rate due to an eating disorder, anorexia nervosa. (CMF §{ 39-43.) As a result of her condition, Plaintiff's daughter was hospitalized several times, including in November 2020, May 2020 and summer of 2021. (CMF

' While Plaintiff submitted a Counterstatement of Material Facts with her opposition papers, Defendants failed to file a response to this Counterstatement. Thus, for the purposes of this motion, the material facts set forth in the Counterstatement are deemed undisputed. L. Civ. Rule 56.1 (“[t]he movant shall respond to any such supplemental statement of disputed material facts as above, with its reply papers” and “[elach statement of material facts shall be a separate document”); V.C. ex rel. v. Target Corp., 454 F. Supp. 3d 415, 419 n. 3 (D.N.J. 2020) (“Local Civil Rule 56.1(a) deems a movant’s statement of material facts undisputed where a party does not respond or file a counterstatement.”); see also Citadel Wellwood Urb. Renewal, LLC v. Borough of Merchantville, No. 21-16700, 2023 WL 8184314, at *3 n.2 (D.N.J. Nov. 22, 2023), aff'd, No. 23-3239, 2024 WL 4200582 (3d Cir. Sept. 16, 2024) (deeming facts alleged in plaintiff's counterstatement as true given defendants’ failure to submit a response); Harley v. City of Woodbury, No. 18-170, 2020 WL 1284433, at *1 n.1 (D.N.J. Mar. 18, 2020) (same). 2 While Plaintiffs effective termination date was October 1, 2022, she was placed on administrative leave on September 27, 2022, and notified of her termination on September 28, 2022. (SUMF fi 91, 97; CMF ff 124-128.)

20, 39, 41, 42.) Plaintiff first requested leave to care for her daughter in October 2020. (SUMF {| 98.) Although she was not eligible for leave under the Family and Medical Leave Act (“FMLA”) at that time, Fidelity approved her leave request under its own leave policies, which permits employees to take up to 12 weeks of time off in their first year of employment, as though they were eligible for leave under the FMLA. (Ud. § 99.) In her first year of employment, Plaintiff took a total of 29 hours of intermittent leave pursuant to these policies. (Ud. § 104.) Plaintiff became eligible for FMLA leave on June 29, 2021. Ud. 4] 105.) Between August 20, 2021, and her date of termination, Plaintiff took 40 hours of intermittent leave, as well as approximately three months of consecutive FMLA leave from June 13, 2022 to September 2, 2022. (id. FF 106, 108.) B. Investigation of Plaintiff's TLO Activity and Subsequent Termination Under certain circumstances, a financial consultant at Fidelity can temporarily “lock out” a customer in Fidelity’s database, which results in the financial consultant receiving exclusive financial credit for the customer’s deposits and transactions for 180 days. (SUMF ff 21, 22.) Because these temporary lockouts (“TLO”) are conditioned on the financial consultant investing time and effort into the client, Fidelity requires a financial consultant have a “value-added conversation” with the client before entering a TLO and add notes regarding the conversation into Fidelity’s customer relationship management system, Salesforce.? (/d. □□ 28, 30.) One of Melissaratos’s responsibilities was to review TLOs taken by financial consultants on a weekly basis to ensure they contained notes in Salesforce to justify the TLO. (/d. ¥ 47.) Plaintiff was ultimately terminated following an internal investigation which concluded she had engaged in

3 A financial consultant can complete a TLO of a client if either: (1) the client’s account is over $500,000, a financial relationship was offered to the client, and the client declined it; or (2) the account is less than $500,000 and the client qualifies for a financial consultant’s book of business, but the financial consultant had a value-added conversation with the client. (CMF 96, n.10.)

improper activity regarding TLOs. Ud. {{] 46-85.) The Court briefly summarizes the events leading up to her termination. In April 2022, two weeks after Plaintiff informed Melissaratos about an upcoming request for FMLA leave, Melissaratos told Plaintiff's colleague that he was “not sure about [Plaintiffs] commitment” and that she “[didn’t] seem fully engaged.” (CMF 76.) In May 2022, during an individual meeting with Plaintiff, Melissaratos told her that her use of FMLA leave was becoming a “chronic problem.” (Jd. J 73.) Around this time, he made additional comments to Plaintiff including: “TY ]Jou’re going out on leave again?” “TW ell, how much time are you going to be out[?]” “[Y Jou’re taking more FMLA leave[.]” “[Y ]ou’re using a lot of FMLA leave.” (id. § 74.) Plaintiff states these comments made her feel “horrible, guilty, [and] frustrated,” and discouraged her from taking leave. (/d. § 75.) Plaintiff also experienced numerous administrative issues when attempting to request FMLA leave. (/d. 51, 52.) For example, Plaintiff requested FMLA leave prior to April 2022, but did not receive a response from the third-party administrator of FMLA leave, Sedgwick, until May 17, 2022. Ud. ¢ 52.) In that belated response, Sedgwick stated she needed to submit FMLA certification by May 12, 2022, five days prior to Plaintiff's receipt of the e-mail message. U/d. § 53.) Plaintiff complained to Fidelity’s Human Resources

“ Melissaratos denied making this statement during his deposition. (See Defs.’ Moving Br. Ex. 10 at 214:17-23, ECF No. 39-2.) However, as Defendants failed to dispute this fact as alleged in the Counterstatement, the Court assumes these facts as true for the purposes of this motion. (See generally CMF); Citadel Wellwood Urb. Renewal, LLC, 2023 WL 8184314, at *3 n.2.

Department regarding these issues, and Fidelity failed to resolve them.

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HOGAN v. FIDELITY BROKERAGE SERVICES, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hogan-v-fidelity-brokerage-services-llc-njd-2025.