—Order, Supreme Court, New York County (Carol Huff, J.) entered February 24, 1994, which, insofar as appealed from, denied the defendants-appellants’ motion to dismiss the second, third, fifth, seventh, eighth, ninth, tenth and eleventh causes of action of plaintiffs’ complaint, unanimously modified, on the law, and the motion is granted to the extent of dismissing the third cause of action with prejudice, and dismissing the seventh and eighth causes of action with leave to replead in accordance herewith, and otherwise affirmed, without costs.
In the third cause of action, plaintiffs have not pleaded factual allegations covering each of the elements of fraud (see, Orbit Holding Corp. v Anthony Hotel Corp.,
The plaintiffs have not pleaded that they made efforts ''to secure the initiation of such action by the board or the reasons for not making such effort” (Business Corporation Law § 626 [c]), and in particular, did not render a detailed pleading that such a demand would have been futile (see, Barr v Wackman,
Dismissal was properly denied as to the other relevant claims since factual allegations discernable from the four
We have considered the defendants-appellants’ remaining arguments, and find them to be without merit. Concur—Sullivan, J. P., Rosenberger, Ross, Asch and Tom, JJ.
