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FRIEDMAN v. ANDERSON

23 A.D.3d 163 (2005)

803 N.Y.S.2d 514

RICHARD P. FRIEDMAN et al., Respondents-Appellants, v. RALPH ANDERSON et al., Appellants-Respondents.

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

November 1, 2005.

Friedman contends that he justifiably relied on Anderson's misrepresentations about the Wittenberg Group (Wittenberg) when selecting Wittenberg to become his money manager and handle the revenue he earned from the sale of his company, SIGS Publications, Inc. (SIGS). Friedman alleges that defendants recommended Wittenberg and misrepresented Wittenberg's compliance with its investment policy guidelines, Wittenberg's understanding of the new economy, Anderson's own profit from...

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