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HAHN v. STEWART

5 A.D.3d 285 (2004)

773 N.Y.S.2d 297

CONRAD K. HAHN, Appellant, v. MARTHA STEWART, Respondent.

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

March 23, 2004.

Plaintiff alleges that defendant breached her fiduciary duty to the corporation's shareholders by reason of her part in an insider trading scandal, resulting in damage to the corporation's primary asset, defendant's name, reputation and associated goodwill, and damage to the proposed class members in the form of diminution in the value of their shares. The complaint was properly dismissed on the ground that such allegations plead...

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