FIELDSTONE, INC. v. CHAPMAN


284 A.D.2d 195 (2001)

726 N.Y.S.2d 261

FIELDSTONE, INC., Respondent, v. JAMES N. CHAPMAN, Appellant.

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

Decided June 14, 2001.


The order should be affirmed even assuming the applicability of the more stringent standard of causation urged by defendant (see, LNC Invs. v First Fid. Bank, 173 F.3d 454, 465-466). While the decision to terminate plaintiff's participation as an underwriter in the subject public offering could only have been made by the company undergoing a public offering or its agents, the complaint contains...

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