Mark A. Perelman v. Federal Reserve District Bank of New York

CourtDistrict Court, S.D. New York
DecidedJune 3, 2026
Docket1:25-cv-02125
StatusUnknown

This text of Mark A. Perelman v. Federal Reserve District Bank of New York (Mark A. Perelman v. Federal Reserve District Bank of New York) 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
Mark A. Perelman v. Federal Reserve District Bank of New York, (S.D.N.Y. 2026).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK MARK A. PERELMAN, Plaintiff, Case No. 1:25-cv-02125 (JLR) -against- OPINION AND ORDER FEDERAL RESERVE DISTRICT BANK OF NEW YORK, Defendant. JENNIFER L. ROCHON, United States District Judge: Plaintiff Mark A. Perelman (“Plaintiff”) applied for dozens of positions at Defendant Federal Reserve Bank of New York (“Defendant” or the “New York Fed”) between 2021 and 2024. He was not hired for any of them, even though, he asserts, he met or exceeded the minimum qualifications posted for each. Concluding that he was passed over because he is outside Defendant’s “narrowly defined DEI profile,” Plaintiff claims that Defendant discriminated against him in violation of various federal, New York State, and New York City laws. He also seeks leave to proceed in this action anonymously, despite having litigated it under his own name up to this point. Defendant moves to dismiss the complaint and opposes Plaintiff’s motion to proceed anonymously. For the following reasons, Defendant’s motion to dismiss is GRANTED, and Plaintiff’s motion to proceed anonymously is DENIED. BACKGROUND I. Procedural History Plaintiff filed this employment discrimination action on March 11, 2025, alleging that Defendant failed to hire him, and in doing so harassed him or created a hostile work environment, all in violation of Title VII of the Civil Rights Act of 1964 (“Title VII”), 42 U.S.C. § 2000e et seq.; Section 1981 of the Civil Rights Act of 1866 (“Section 1981”), 42 U.S.C. § 1981; the Americans with Disabilities Act (“ADA”), 29 U.S.C. § 12101 et seq.; the New York State Human Rights Law (“NYSHRL”), N.Y. Exec. Law § 290 et seq.; and the New York City Human Rights Law (“NYCHRL”), N.Y.C. Admin. Code § 8-101 et seq. See Dkt. 1 at 3-5; see also Dkt. 1-1 (“Complaint”). On August 5, 2025, Defendant moved to dismiss the Complaint. See Dkt. 16. Plaintiff did not initially oppose that motion and (after the Court extended his time to do so, see Dkt. 19)

filed an amended complaint on August 25, 2025, reasserting the same claims and adding an allegation that Defendant’s conduct also violated the Rehabilitation Act of 1973, 29 U.S.C. § 701 et seq. See Dkt. 20 at 4; see generally Dkt. 21 (the “Amended Complaint” or “AC”).1 The Amended Complaint also styles Plaintiff’s “hostile work environment” claim as a “hostile hiring environment” claim. AC ¶ 3. Based on the Amended Complaint, the Court denied Defendant’s then-pending motion to dismiss as moot. See Dkt. 22. On September 9, 2025, Defendant moved to dismiss the Amended Complaint. See Dkt. 24; Dkt. 25; Dkt. 26 (“Br.”). Plaintiff opposed the motion on September 23, 2025, see Dkt. 29 (“Opp.”), and Defendant filed a reply on September 30, 2025, see Dkt. 30 (“Reply”). Plaintiff filed the Complaint and the Amended Complaint using his own name. See

generally Complaint; AC. Nevertheless, on September 2, 2025, Plaintiff filed a motion seeking leave to proceed under a pseudonym and requesting that the Court seal certain filings on the docket that reflect his “protected characteristics.” See Dkt. 23 (“Pseudonym Mot.”). Defendant opposed that motion on September 17, 2025. See Dkt. 28 (“Pseudonym Opp.”).

1 Plaintiff filed two documents on August 25, 2025: a fillable form amended complaint, see generally Dkt. 20, and a “full complaint,” id. at 5; see generally AC. These are labeled on the docket as the “amended complaint” and the “second amended complaint,” respectively. See Dkts. 20-21. The Court deemed the Amended Complaint to be the operative complaint. See Dkt. 22. Because they were filed simultaneously, the Court understands these documents as, together, amending the original complaint, rather than as successive amendments. Accordingly, both the motion to dismiss and the pseudonym motion are fully briefed. The Court addresses each in turn. THE MOTION TO DISMISS I. Factual Allegations The Court draws the following facts from the Amended Complaint. Plaintiff — who identifies as a “White, Jewish, gay male with [a] disability,” AC ¶ 40(b) — has advanced degrees, “CFA certification,” and more than “12 years of experience in finance and technology.” AC ¶ 141. His professional experience includes working in economic consulting, portfolio

management, and financial and investment strategy, id. ¶¶ 142-44, as well as founding his own company, Capitao, where “he developed financial stability solutions, including a consumer savings and risk hedging system,” id. ¶ 153. Indeed, Plaintiff devotes seventeen pages of the Amended Complaint to describing his professional qualifications and accomplishments, including a detailed list of his “executive core qualifications” such as “external awareness,” “ability to present plans and ideas convincingly to high-level officials,” “leveraging diversity,” “accountability,” and “team building.” See id. at 52-69. Believing that these credentials and experiences qualified him for employment with the New York Fed, Plaintiff “applied for dozens of roles” there between 2021 and 2024, “spanning

risk management, fintech, policy, and supervisory functions.” Id. ¶ 2. The AC includes a table listing each role Plaintiff applied for, but it does not include a job description for any of them. Id. ¶ 139. He describes his applications as covering “a wide variety of roles within the company,” including positions at the “fintech expert[]” and “executive[]” levels. Id. ¶ 20. Defendant did not hire Plaintiff, or interview him, for any of those roles. Id. Notwithstanding his qualifications, he alleges, “he spoke with HR for only one role in January 2024, which resulted in a referral but no interview.” Id. Moreover, Defendant never provided Plaintiff with a specific reason for its decisions not to interview or hire him. Id. Plaintiff concludes that “DEI hiring metrics drove Defendant’s process rather than merit- based criteria.” Id. ¶ 21. Indeed, the New York Fed’s policies include the use of “‘[d]iverse slate’ metrics embedded into hiring and the prioritization of underrepresented race, gender, and veteran status as ‘central’ to its mission, making DEI performance a mandatory factor in hiring

and promotion decisions.” Id. ¶ 32. According to Plaintiff, these metrics fail to capture candidates like Plaintiff, who are “White male[s] . . . with intersectional traits.” Id. ¶ 40; see also id. ¶ 31 (“Defendant has not tracked nor reported hiring of Jewish individuals despite the significant Jewish population in New York City and the exclusionary effects of DEI on Jews.”). Instead, they “favor[] visible DEI traits and ‘safe’ majority hires (mainly White males who appear to be straight, Christian, and able-bodied) over merit. Even where Plaintiff shared some DEI-favored traits (LBGT, disabled), his intersectional profile — particularly race and religion — placed him outside Defendant’s preferred categories.” Id. ¶ 4. To Plaintiff, the fact that Defendant did not provide him with an explanation for its decisions not to hire him supports his conclusion that Defendant discriminated against him, and “suggest[s] the stated criteria were

pretextual and masking identity-based gatekeeping.” Id. ¶ 38. In further support of his claims, Plaintiff provides statistics that, he asserts, demonstrate “[t]he decline in White male representation” in various roles at the New York Fed between 2011 and 2023, id. ¶ 88; see also id.

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Bluebook (online)
Mark A. Perelman v. Federal Reserve District Bank of New York, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mark-a-perelman-v-federal-reserve-district-bank-of-new-york-nysd-2026.