HERSHENBAUM v. ANGERMAN


1 A.D.3d 218 (2003)

767 N.Y.S.2d 226

ALEX HERSHENBAUM, Appellant, v. IRVING ANGERMAN et al., Respondents, et al., Defendant.

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

November 18, 2003.


The motion court properly found that plaintiff could not demonstrate that he justifiably relied on defendants' alleged representations regarding the value of the goodwill and asset appreciation of the shares he claimed he was defrauded into selling at a lower price than was later obtained by defendant shareholders, since defendants had no special knowledge of the facts and plaintiff failed to take advantage of his clearly available...

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