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Leffert v. Marcus
183 N.Y.S.2d 886
| N.Y. App. Div. | 1959
|
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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.

Case Details

Case Name: Leffert v. Marcus
Court Name: Appellate Division of the Supreme Court of the State of New York
Date Published: Mar 31, 1959
Citation: 183 N.Y.S.2d 886
Court Abbreviation: N.Y. App. Div.
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