GLANZER v. KEILIN & BLOOM L. L. C.


281 A.D.2d 371 (2001)

722 N.Y.S.2d 540

MICHAEL GLANZER et al., Appellants, v. KEILIN & BLOOM L. L. C. et al., Respondents.

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

Decided March 29, 2001.


Plaintiffs allege that they were recruited and then induced to remain with defendant investment banking firm by false promises of substantial compensation consistent with industry standards for senior investment advisors, including an equity interest in the firm "as soon as it could be determined that there was a `fit' among all parties"; that although plaintiffs performed their work in a superior manner, defendants did not compensate them as promised; that defendants' promises...

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