FRIEDMAN v. E. R. SQUIBB & SONS, INC.


125 A.D.2d 539 (1986)

Martin D. Friedman, Appellant, v. E. R. Squibb & Sons, Inc., et al., Respondents

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

December 22, 1986


Ordered that the order is affirmed, with costs.

The plaintiff, the chief officer, shareholder, and founder of United States Priority Transport Corporation, brought this action on his own behalf to recover for individual damages due to an alleged conspiracy by the defendants to cause the corporation to cease operations. The complaint was properly dismissed on the ground that shareholders, officers and employees of a corporation do not have standing under General Business...

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