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ADIKES v. NORTH FORK BANCORPORATION, INC.

303 A.D.2d 610 (2003)

760 N.Y.S.2d 50

PARK T. ADIKES, Appellant, v. NORTH FORK BANCORPORATION, INC., Respondent.

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

Decided March 24, 2003.

Ordered that the order is affirmed, with costs.

On or about March 1, 2000, the plaintiff was appointed to the board of directors of the defendant, North Fork Bancorporation, Inc. (hereinafter NFB), and its subsidiary, the North Fork Bank (hereinafter NFB Bank). The appointment was made as part of a merger agreement between JSB Financial Inc. (hereinafter JSB), of which the plaintiff was the Chairman, Chief Executive Officer, and a major stockholder, and the defendant...

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