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ELLIOT v. NELSON

No. 03 Civ. 5653(VM).

301 F.Supp.2d 284 (2004)

John H. ELLIOT, Plaintiff, v. James L. NELSON, Orbit Capital Corporation, and Orbitex Management, Inc., Defendants.

United States District Court, S.D. New York.

January 29, 2004.

Attorney(s) appearing for the Case

Jeffrey J. Mirman, Farmington, CT, for Plaintiff.

Daniel L. Schwartz, Day, Berry & Howard, L.L.P., Stamford, CT, for Defendants.

DECISION AND ORDER

MARRERO, District Judge.

Plaintiff John Elliot ("Elliot") alleges that defendant James Nelson ("Nelson"), a director of defendant Orbit Capital Corporation ("Orbit"), lured him into accepting an executive position at Orbit with the false assurance that Orbit was close to raising a $40 million venture capital fund. Orbit never raised the funds and ultimately fired Elliot, who now seeks...

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