SEIDMAN v. DEAN WITTER & CO., INC.


70 A.D.2d 845 (1979)

Samuel N. Seidman, Respondent, v. Dean Witter & Co., Incorporated, Defendant, and Dean Witter Reynolds, Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

June 26, 1979


Unanimously affirmed, with costs and disbursements.

Plaintiff, an investment banker, sues to determine his rights under an alleged agreement whereby defendant was to pay him 20%, up to a maximum of $200,000, of the net management fees which it would receive from a group of corporations known as the Posner Companies for providing investment banking services. It is conceded that plaintiff introduced defendant to the principals of these companies and that defendant received...

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