¶1Order 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.
7 A.D.2d 989
Leffert v. Marcus
Appellate Division of the Supreme Court of the State of New York
Decided March 31, 1959
Appellate Division of the Supreme Court of the State of New York · decided 1959-03-31
Cited by 1 later decisions — most recently December 2010
1 state decisions
Good law ✅— No negative treatment on recordhow we know
Decided 1959-03-31
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