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TATKO v. SHELDON SLATE PRODUCTS COMPANY, INC.

2 A.D.3d 1030 (2003)

769 N.Y.S.2d 626

JOSEPH D. TATKO, Appellant, v. SHELDON SLATE PRODUCTS COMPANY, INC., et al., Defendants, and JOHN TATKO, JR., et al., Respondents.

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

December 11, 2003.

Rose, J.

Plaintiff, a minority shareholder in two closely-held family corporations, brought this individual and derivative action against the corporations, his brother, John Tatko, Jr., and his brother's wife, Beverly Tatko, to recover money damages for their alleged fraud and self-dealing. Plaintiff, his brother and their mother, Edna Tatko, are the only shareholders of defendant Sheldon Slate Products Company, Inc., each holding less than 50%.1...

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