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ABRAHAMI v. UPC CONSTR. CO., INC.

176 A.D.2d 180 (1991)

Kenneth Abrahami et al., Appellants, v. UPC Construction Co., Inc., et al., Defendants, and Howard Lee et al., Respondents

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

September 19, 1991

Plaintiffs' verified complaint alleges, inter alia, that defendants fraudulently misrepresented facts with respect to UPC's profitability, in order to induce plaintiffs to invest $750,000 in UPC. The Court properly dismissed the first cause of action, sounding in fraud and conspiracy to commit fraud, as against the moving defendants, except Heo Peh Lee. While Lee was alleged to have made false representations to plaintiffs on various occasions, the verified complaint...

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