Julia Pitkin-Shantz v. William J. Newman d/b/a Atrium Financial Group, MNM Consulting Group, LLC, Northwestern Mutual Wealth Management Company, Northwestern Mutual Investment Services, LLC, and The Northwestern Mutual Life Insurance Company

CourtDistrict Court, N.D. New York
DecidedMarch 30, 2026
Docket1:25-cv-00555
StatusUnknown

This text of Julia Pitkin-Shantz v. William J. Newman d/b/a Atrium Financial Group, MNM Consulting Group, LLC, Northwestern Mutual Wealth Management Company, Northwestern Mutual Investment Services, LLC, and The Northwestern Mutual Life Insurance Company (Julia Pitkin-Shantz v. William J. Newman d/b/a Atrium Financial Group, MNM Consulting Group, LLC, Northwestern Mutual Wealth Management Company, Northwestern Mutual Investment Services, LLC, and The Northwestern Mutual Life Insurance Company) is published on Counsel Stack Legal Research, covering District Court, N.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Julia Pitkin-Shantz v. William J. Newman d/b/a Atrium Financial Group, MNM Consulting Group, LLC, Northwestern Mutual Wealth Management Company, Northwestern Mutual Investment Services, LLC, and The Northwestern Mutual Life Insurance Company, (N.D.N.Y. 2026).

Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF NEW YORK ____________________________________________

JULIA PITKIN-SHANTZ,

Plaintiff, vs. 1:25-CV-555 (MAD/PJE) WILLIAM J. NEWMAN D/B/A ATRIUM FINANCIAL GROUP, MNM CONSULTING GROUP, LLC, NORTHWESTERN MUTUAL WEALTH MANAGEMENT COMPANY, NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC, and THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY,

Defendants. ____________________________________________

APPEARANCES: OF COUNSEL:

ABRAMS, FENSTERMAN, LLP KAREN SANDERS, ESQ. 2280 East Avenue - 1st Floor MAUREEN T. BASS, ESQ. Rochester, New York 14610 Attorneys for Plaintiff

HODGSON RUSS LLP GLEN P. DOHERTY, ESQ. 677 Broadway - Suite 401 KEGAN SHEEHAN, ESQ. Albany, New York 12207 Attorneys for Defendants William J. Newman d/b/a Atrium Financial Group and MNM Consulting Group, LLC

MORGAN, LEWIS & BOCKIUS LLP SEAN P. LYNCH, ESQ. 502 Carnegie Center GIANNI K. GARYFALLOS, ESQ. Princeton, New Jersey 08540 Attorneys for Defendants Northwestern Mutual Wealth Management Company, Northwestern Mutual Investment Services, LLC, and The Northwestern Mutual Life Insurance Company

Mae A. D'Agostino, U.S. District Judge:

MEMORANDUM-DECISION AND ORDER I. INTRODUCTION Plaintiff Julia Pitkin-Shantz commenced this action on May 2, 2025, bringing employment-related claims against Defendants William J. Newman, d/b/a Atrium Financial ("Newman") and MNM Consulting Group, LLC ("MNM"), as well as Northwestern Mutual Wealth Management Company ("NMWMC"), Northwestern Mutual Investment Services, LLC ("Northwestern Investment"), and The Northwestern Mutual Life Insurance Company (collectively with NMWMC and Northwestern Investment, "Northwestern Defendants"). See Dkt. No. 1. Specifically, Plaintiff alleges the following claims: (1) violation of the Fair Labor

Standards Act ("FLSA") against all Defendants; (2) violation of the New York Labor Law ("NYLL") against all Defendants; (3) breach of contract against Newman and MNM; (4) tortious interference with prospective economic advantage against Newman; (5) discrimination on the basis of sex and age under the New York State Human Rights Law ("NYSHRL") against all Defendants; (6) retaliation for opposing discrimination under the NYSHRL against all Defendants; and (7) unjust enrichment against Newman. See id. Newman and MNM answered the complaint on July 22, 2025. See Dkt. No. 17. On August 26, 2025, Northwestern Defendants moved to dismiss the claims against them pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure. See Dkt. No. 23. Plaintiff opposes the

motion, see Dkt. No. 24, and Northwestern Defendants replied, see Dkt. No. 25. For the reasons that follow, the motion to dismiss is denied. II. BACKGROUND1

1 Unless otherwise noted, the facts recited herein are drawn from the complaint and are assumed true at this juncture. Plaintiff, a 67-year-old woman at the time this action was filed, was employed by Newman and MNM as an Associate Representative, beginning on March 30, 2018. Dkt. No. 1 at ¶¶ 2, 10. Plaintiff also claims to have been employed by the Northwestern Defendants "[u]pon information and belief." Id. at ¶ 3. Among other certifications, Plaintiff holds a Master of Business Administration degree and is a Certified Financial Planner. See id. at ¶ 12. Northwestern Investment offers investment brokerage services and NMWMC is a federal savings bank that offers private client services; both of these companies are a subsidiaries of The Northwestern Mutual Life Insurance Company, which is engaged in selling life and disability

insurance. See id. at ¶¶ 13-15. MNM holds itself out as doing business as Atrium Financial Group ("Atrium")2 and MNM agreed to be responsible for Newman's obligations to Plaintiff. See id. at ¶¶ 16-17. Atrium's website states that its employees and advisors provide investment brokerage services as a registered representative of Northwestern Investment and provide investment advisory services as advisors of NMWMC. See id. at ¶¶ 26-27. Atrium's website also states "that its Albany [o]ffice is located at 1 Northwestern Boulevard, Albany, NY 12211." Id. at ¶ 29. "Northwestern Defendants' website provides that their Albany office is at the same location, 1 Northwestern Boulevard, Albany, NY 12211." Id. at ¶ 30.

Atrium/MNM provide financial services to clients, including financial planning, wealth management, retirement planning, and estate planning, on behalf of Northwestern Defendants. See id. at ¶¶ 24-46. According to the complaint, Plaintiff was an employee of Newman/Atrium, MNM, and Northwestern Defendants. See id. at ¶¶ 31-33.

2 It appears, based on the complaint, that both Newman and MNM do business as Atrium. See Dkt. No. 1 at ¶¶ 16, 19. As part of her onboarding process, Plaintiff was required to fill out an "Advisor Registration Consent Form For Associate Financial Representative" (the "AFR Form"), which included a header with the Northwestern Defendants' logo. See id. at ¶¶ 34-35. The AFR Form listed Newman as Plaintiff's "Employing Financial Representative," and Alessandro Tronco, a Managing Partner of Northwestern Defendants, as Plaintiff's "Financial Representative Supervisor." Id. at ¶ 36. The AFR Form stated that "[t]he Associate Financial Representative understands that failure [to accurately fill out certain paperwork] may result in termination as an Associate Financial Advisor from NMWMC." Id. at ¶ 37.

As part of the onboarding process, Plaintiff was also required to fill out a "Northwestern Mutual Wealth Management Company Associate Representative Agreement" (the "NMWMC Agreement") which stated that Plaintiff was appointed "to assist [Newman] in rendering certain investment advisory and/or trust services on behalf of NMWMC." Id. at ¶¶ 38-40. The NMWMC Agreement, among other things, required Newman to pay Plaintiff in accordance with the procedures and policies established by NMWMC, precluded Plaintiff from being associated with other financial institutions without NMWMC's written permission, and gave Newman and NMWMC the authority to independently terminate the NMWMC Agreement. See id. at ¶¶ 42-45. In or around September 2021, Plaintiff entered into another NMWMC Agreement, which listed

Atrium as the employing Representative, instead of Newman. See id. at ¶ 46. Plaintiff alleges that during her employment, she was wrongfully classified as an exempt employee and Defendants failed to pay her regular and overtime wages, "even though Plaintiff regularly worked over 40 hours per week, rather than the 30 hours per week listed on her paystub." Id. at ¶ 4. Plaintiff was also routinely discriminated against on account of her age and gender between 2018 and 2023. Id. at ¶ 5. Specifically, Plaintiff alleges she was (1) corrected, in front of other employees, "for speaking in meetings and being direct, while male colleagues were complimented for the same behavior," (2) "disciplined and received complaints for taking too long to respond to or complete tasks as compared to younger employees," (3) received less support from senior management than her male counterparts, (4) told by Newman "that he 'couldn't stand to hear [her] voice' so she was no longer allowed to attend certain meetings," (5) "told not to talk in team or Town Hall meetings because team members say Plaintiff 'brings down the team with [her] comments' and that Plaintiff 'does not respect them,'" (6) "told that her 'tone of voice' was unacceptable and disruptive," (7) excluded from meetings which "directly affected her

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Julia Pitkin-Shantz v. William J. Newman d/b/a Atrium Financial Group, MNM Consulting Group, LLC, Northwestern Mutual Wealth Management Company, Northwestern Mutual Investment Services, LLC, and The Northwestern Mutual Life Insurance Company, Counsel Stack Legal Research, https://law.counselstack.com/opinion/julia-pitkin-shantz-v-william-j-newman-dba-atrium-financial-group-mnm-nynd-2026.