Ordered that the order is affirmed, with costs.
Before a shareholder may bring an action on behalf of a New York corporation, he or she must first make a demand upon the corporation's board of directors to initiate such an action (see, Business Corporation Law § 626 [c]). In the event of the shareholder's failure to do so, the complaint must "set forth with particularity the * * * reasons for not making such effort" (Business Corporation Law § 626...
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