CERES v. SHEARSON LEHMAN BROS., INC.


227 A.D.2d 222 (1996)

642 N.Y.S.2d 264

Carin Ceres et al., Appellants, v. Shearson Lehman Brothers, Inc., Now Known as Lehman Brothers Inc., et al., Respondents

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

May 14, 1996


Plaintiffs' complaint and papers in opposition to the motions fail to indicate that the offering plan included actionable representations of fact and "`definite positive projections that might require later correction'" on which plaintiffs relied to their detriment (San Leandro Emergency Med. Group Profit Sharing Plan v Philip Morris Cos., 75 F.3d 801, 811). Leave to replead would not be...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases