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Leffert v. Marcus

Appellate Division of the Supreme Court of New York, First Department
Mar 31, 1959
7 A.D.2d 989 (N.Y. App. Div. 1959)

Opinion

March 31, 1959


Order unanimously reversed, on the law, with $20 costs and disbursements to appellant, and defendant-respondent's motion to dismiss the amended complaint for insufficiency denied, with $10 costs. In this stockholder's derivative action the motion to dismiss was addressed to the entire complaint, but some of the allegations at least, such as the granting of stock options to respondent as a result of his misrepresentations, sufficiently set forth acts of misconduct for which the corporation can recover.

Concur — Botein, P.J., M.M. Frank, Valente, McNally and Stevens, JJ.


Summaries of

Leffert v. Marcus

Appellate Division of the Supreme Court of New York, First Department
Mar 31, 1959
7 A.D.2d 989 (N.Y. App. Div. 1959)
Case details for

Leffert v. Marcus

Case Details

Full title:ALBERT E. LEFFERT, Appellant, v. HYMAN MARCUS, Respondent, et al.…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Mar 31, 1959

Citations

7 A.D.2d 989 (N.Y. App. Div. 1959)