Sharmin Faruque v. JP Morgan Chase & Co. and JPMorgan Chase Bank, National Association

District Court, E.D. New York·Decided February 17, 2026·No. 1:24-cv-05734·Unknown

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK

X

SHARMIN FARUQUE,

Plaintiff, REPORT & v. RECOMMENDATION

JP MORGAN CHASE & CO., and 24-cv-5734 (OEM) (LKE) JPMORGAN CHASE BANK, NATIONAL ASSOCIATION,

Defendants. X

LARA K. ESHKENAZI, United States Magistrate Judge: Plaintiff Sharmin Faruque (“Faruque” or “Plaintiff”) filed this action pursuant to Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. §§ 2000e et seq. (“Title VII”), the New York State Human Rights Law, New York State Executive Law §§ 296 et seq. (“NYSHRL”), and the New York City Human Rights Law, New York City Administrative Code §§ 8-107 et seq. (“NYCHRL”), alleging discrimination on the basis of national origin and gender by JP Morgan Chase & Co. (“JP Morgan Chase”), and JPMorgan Chase Bank, National Association (“Chase Bank”) (together “Chase” or “Defendants”). Before the Court is the motion of Defendants to compel arbitration and stay the action. For the reasons set forth below, the Court respectfully recommends denying the motion. I. BACKGROUND A. Factual Background 1. Allegations in the Amended Complaint Plaintiff began working for Chase as the Vice President, Credit Risk & Wholesale

Analytics, in September of 2021. (Am. Compl. ¶ 22, ECF 9.) Prior to her employment with Chase, Plaintiff worked in management positions at both Citi Bank and Credit Suisse. (Id. ¶¶ 19-21.) In her role at Chase, Faruque’s responsibilities included managing a team of two vice presidents and three analysts, analyzing the wholesale credit risk portfolio, producing analysis reports for the Board of Directors, giving quarterly presentations to the CFO, and providing guidance on strategy to senior management. (Id. ¶ 23.) Plaintiff asserts that she was an exemplary employee, was well- qualified for her position, and received positive performance reviews in both 2021 and 2022. (Id. ¶¶ 25-27.) Plaintiff alleges that she was “discriminated against as an Indian woman, including by being excluded from workplace meetings, being overlooked for promotions, and paid less in

performance bonuses vis-à-vis her white male subordinate.” (Id. ¶ 28.) Plaintiff was the only Indian woman on her team; her supervisor, Gordon Hunt (“Hunt”), was a white male, as was one of her subordinates, Michael Calceglia (“Calceglia”). (Id. ¶¶ 29-30, 40.) Plaintiff alleges that Hunt treated her disparately based on her national origin and gender, and sought to impede her career while “grooming Calceglia for a Vice President position.” (Id. ¶¶ 40, 42.) According to the Amended Complaint, Hunt “repeatedly told Plaintiff to call him ‘Boss’ – a request he did not make of any males.” (Id. ¶ 33.) Plaintiff also alleges that Hunt “often took the side of Plaintiff’s male subordinates in workplace disputes,” and “mocked Plaintiff” by stating “[i]t’s a he said she said situation” when questioning “whether she was telling the truth.” (Id. ¶¶ 35-37 (internal quotation marks omitted).) When Plaintiff complained to Hunt regarding his treatment of her, she alleges that Hunt did not take her complaints seriously and instead attempted to dissuade her from filing a complaint with the human resources department. (Id. ¶¶ 62-66.) After Plaintiff initially reported her concerns to human resources via an employee survey, she alleges that Hunt retaliated against

her, and Chase took no action to protect her or respond to her complaint. (Id. ¶¶ 71-87.) Plaintiff also alleges that Calceglia, her subordinate, responded aggressively to feedback and was rewarded with a larger bonus than Plaintiff. (Id. ¶¶ 94, 106, 109-113, 121-126.) Plaintiff claims that when she complained about being paid a lower bonus than Calceglia, Director Jodi Netch (“Netch”) told her that Chase was a “boy’s club” and confirmed that Hunt had discriminated against other women. (Id. ¶¶ 128-129.) Netch complained to Hunt regarding his behavior, but Hunt did not change. (Id. ¶ 133-136.) According to the Amended Complaint, despite repeated complaints about Calceglia and Hunt, “Chase has not remediated the hostile work environment and harassment that Plaintiff experienced,” allowing Plaintiff’s “harassers to act with impunity.” (Id. ¶¶ 176-177.) Plaintiff’s Amended Complaint alleges claims of discrimination and retaliation

under Title VII, discrimination and retaliation under the NYSHRL, and discrimination and retaliation under the NYCHRL for the treatment she experienced. (Id. ¶¶ 188-209.) 2. The Arbitration Agreement When Plaintiff began working for Chase in September of 2021, Plaintiff received and accepted an offer letter which included “a detailed, multi-paragraph explanation of [Chase’s] Employment Arbitration Agreement (‘Arbitration Agreement’).” (Defs. Mem. L. at 3, ECF 17-1.) The Arbitration Agreement detailed the parties’ agreement to arbitrate employment disputes, including by stating that “[a]s a condition of and in consideration of [Plaintiff’s] employment with JPMorgan Chase & Co. or any of its direct or indirect subsidiaries, any and all covered claims between Plaintiff and JPMorgan shall be submitted to and resolved by final binding arbitration in accordance with [the] agreement.” (Id. at 3 (internal quotations omitted).) The Agreement defines “Covered Claims” to include “all legally protected employment-related claims…which arise out of or relate to [Plaintiff’s] employment or separation from employment with

[JPMorgan]…including, but not limited to, claims of employment discrimination or harassment…and retaliation[.]” (Id.) B. Procedural History Plaintiff filed her initial Complaint on August 16, 2024, (Compl., ECF 1), and an Amended Complaint on August 30, 2024, (ECF 9). Defendants filed a waiver of service on September 12, 2024. (ECF 10.) On November 4, 2024, Defendants filed a letter motion for a pre-motion conference on an anticipated motion to compel arbitration, which Plaintiff opposed. (ECFs 11, 12.) The Honorable Orelia M. Merchant referred both the motion for a pre-motion conference and the anticipated motion to compel arbitration to the undersigned on November 6, 2024. (Nov. 6, 2024, Order Referring ECF 11.)

Defendants filed the instant fully-briefed motion to compel arbitration on April 17, 2025. (ECF 17.) Plaintiff filed a letter notice of supplemental authority on June 17, 2025, which Defendants responded to on June 26, 2025. (ECFs 18, 19.) II. LEGAL STANDARDS

A. The Federal Arbitration Act Section 4 of the Federal Arbitration Act (the “FAA”) provides that parties can petition the district court for an order compelling arbitration. See 9 U.S.C. § 4. Section 4 of the FAA provides: A party aggrieved by the alleged failure, neglect, or refusal of another to arbitrate under a written agreement for arbitration may petition any United States district court which, save for such agreement, would have jurisdiction under title 28, in a civil action or in admiralty of the subject matter of a suit arising out of the controversy between the parties, for an order directing that such arbitration proceed in the manner provided for in such agreement.

9 U.S.C. § 4. A party has “refused to arbitrate” within the meaning of Section 4 if it “commences litigation or is ordered to arbitrate the dispute by the relevant arbitral authority and fails to do so.” LAIF X SPRL v. Axtel, S.A. de C.V., 390 F.3d 194, 198 (2d Cir. 2004) (citation and brackets omitted); see also Jacobs v. USA Track & Field, 374 F.3d 85

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Sharmin Faruque v. JP Morgan Chase & Co. and JPMorgan Chase Bank, National Association, (E.D.N.Y. 2026).

Sharmin Faruque v. JP Morgan Chase & Co. and JPMorgan Chase Bank, National Association (Sharmin Faruque v. JP Morgan Chase & Co. and JPMorgan Chase Bank, National Association) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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