GEDDES v. ZEIDERMAN


228 A.D.2d 393 (1996)

644 N.Y.S.2d 729

Barbara Bel Geddes, Respondent, v. Lloyd Zeiderman et al., Appellants

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

June 27, 1996


Plaintiff alleges an arrangement in which investment decisions by her former financial manager, a relationship involving fiduciary considerations, were made chiefly on the basis of the remuneration such investments would produce for defendants, to share among themselves. If these allegations are true, the details of that arrangement would be known only to defendants. Accordingly, it was not an improvident exercise of discretion for the motion court to conclude that special...

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