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SHERWOOD GROUP, INC. v. DORNBUSH, MENSCH, MANDELSTAM & SILVERMAN

191 A.D.2d 292 (1993)

594 N.Y.S.2d 766

Sherwood Group, Inc., et al., Respondents, v. Dornbush, Mensch, Mandelstam & Silverman, et al., Appellants

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

March 18, 1993

Raymond Meselsohn, was the president of plaintiff, The Sherwood Group, Inc. (Sherwood), a publicly traded company, and participated in Sherwood's Employee Stock Option Plan (ESOP). On the date of his death, Meselsohn was survived by his three children, and his wife, Kay Taylor, whom he had married recently.

Ms. Taylor and the children both asserted claims to shares of Sherwood stock, of which Meselsohn had been vested. Plaintiffs...

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