In this action to recover damages for common-law fraud and securities law fraud, defendant Jamaica Savings Bank (hereinafter Jamaica) moves pursuant to CPLR 3211 (subd [a], par 7) and 3016 (subd [b]) to dismiss the complaint for failure to state a cause of action. Plaintiff cross-moves pursuant to CPLR 3211 (subd [b]) to dismiss defendant's defenses to the extent that they rely on material...
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