The IAS Court properly determined that appellant failed to allege with sufficient particularity a claim for breach of fiduciary duty, with or without a conspiracy, and that claims that someone else was responsible for acts which might be determined to be negligent or wasteful were, in essence, a claim over and not a shareholder's primary or derivative cause of action.
In dismissing appellant's third counterclaim, for repayment of loans allegedly made to the plaintiff...
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