LENTINI v. LENTINI


280 A.D.2d 330 (2001)

720 N.Y.S.2d 464

WILLIAM V. LENTINI et al., as Shareholders and Suing in the Right of RIVER SQUARE REALTY CORPORATION, Appellants-Respondents, v. JESSE LENTINI et al., Respondents-Appellants, et al., Defendant.

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

Decided February 8, 2001.


The action, commenced in 1998, was properly dismissed as time-barred upon a finding that the misappropriations alleged, which occurred between 1982 and 1986 during defendants' tenure as manager and bookkeeper of the residential property owned by the subject corporation, could have been discovered with reasonable diligence more than two years before the commencement of the action (CPLR 203 [g]; 213 [8]). Plaintiffs' conclusory, unsubstantiated allegation that defendants' wrongdoing...

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