Jared Solomon has gone darkish on his attorneys in an employment lawsuit towards Newmark.
An lawyer for the convicted former Vornado Realty Belief govt says he has been unable to achieve Solomon on the Metropolitan Detention Center in Brooklyn and requested for a 60-day extension to ascertain contact and decide methods to proceed.
However attorneys for Newmark pushed again, arguing that Solomon has been speaking with attorneys in his legal case.
“[Solomon] can talk with counsel, however has chosen not to take action,” Newmark’s lawyer Jaime Sanchez of Littler Mendelson wrote in a letter to the decide.
Solomon was despatched to the infamous Sundown Park detention middle after the disgraced dealer was found guilty in April of getting stolen greater than $9.5 million from Vornado. His sentencing is scheduled for November 5.
Solomon was arrested in December 2024 and charged with embezzling from Vornado over a interval of 15 years. Throughout his tenure at Vornado, he set up faux brokerages on the opposite facet of offers and billed the brokerage for tens of millions of {dollars}. Solomon joined Newmark as a leasing dealer in March 2024 and sued the brokerage final October, accusing the brokerage of wrongful termination, discrimination based mostly on legal historical past and withholding earned commissions.
In keeping with his grievance, Newmark employed Solomon as an govt managing director with an annualized draw of $350,000. After he was indicted in December 2024, the agency positioned him on paid go away and stopped paying his draw the next month, in keeping with the civil grievance.
Solomon alleged that Newmark terminated him with out the written discover required by his employment settlement. He claimed he didn’t be taught he had been fired till July 2025, when he found his medical health insurance had been canceled at a physician’s appointment along with his son. He additionally alleged that the agency didn’t pay commissions on transactions he helped generate.
Newmark fired again on the former dealer, accusing him of concealing the alleged fraud when he joined the brokerage.
In a counterclaim, Newmark alleged Solomon’s draw was an advance, not assured compensation, and that he was required to repay it inside 30 days of a triggering occasion. The brokerage argued that Solomon owed Newmark $250,000 when it terminated him after discovering the alleged fraud.
“No trustworthy or respected brokerage firm on discover that its dealer had used falsified brokerage agreements and invoices to serially victimize a property proprietor and developer would proceed its affiliation with that dealer,” Newmark mentioned in its counterclaim.
Legal professionals for either side didn’t reply to requests for touch upon the go well with.
Learn extra
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