—Order, Supreme Court, New York County (Herman Cahn, J.), entered on or about August 6, 1996, which granted defendants’ motions to dismiss the complaint for failure to state a cause of action, and order, same court and Justice, entered March 26, 1997, which denied plaintiffs’ motion for renewal, unanimously affirmed, with costs.
In this tort action, the IAS Court properly dismissed plaintiffs’ causes of action for defamation on the grounds that the allegations made in the complaints in previous class actions were absolutely privileged since they were pertinent and relevant to those proceedings (see, Park Knoll Assocs. v Schmidt,
Finally, since the “[assertion of unfounded allegations in a pleading, even if made for improper purposes, does not provide a basis for liability under [Judiciary Law § 487]” (Thomas v Chamberlain, D'Amanda, Oppenheimer & Greenfield,
