KHAZZAM v. TREMONT ADVISERS, INC.


214 A.D.2d 515 (1995)

626 N.Y.S.2d 66

Sass Khazzam et al., Appellants, v. Tremont Advisers, Inc., et al., Respondents

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

April 27, 1995


Plaintiff Sass Khazzam allegedly developed the concept of marketing an off-shore, multi-manager investment fund for Latin American investors based in the Miami, Florida area. Khazzam thereafter met with Sandra Manzke, an officer and director of defendant corporations, which are in the business of coordinating and marketing investment funds, for the purposes of developing and implementing plaintiffs' marketing concept. Shearson subsequently became interested in Khazzam's concept...

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