HENNEBERRY v. SUMITOMO CORP. OF AMERICA

No. 04 Civ.2128(PKL).

415 F.Supp.2d 423 (2006)

William HENNEBERRY, Plaintiff, v. SUMITOMO CORPORATION OF AMERICA, Robert Graustein, Sumitomo Corporation, and John Does nos. 1-50 (fictitiously named individuals), Defendants.

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

February 21, 2006.


Attorney(s) appearing for the Case

Mendes & Mount LLP, Newark, NJ, John M. Deitch, for Plaintiff.

Siller Wilk LLP, New York, NY, Stephen D. Hoffman, Stuart M. Riback, Pamela L. Kleinberg, for Defendants Sumitomo Corporation of America and Robert Graustein.


OPINION AND ORDER

LEISURE, District Judge.

This action arises out of a failed investment transaction between William Henneberry, the Chief Executive Officer and majority common stock shareholder of Smartix International Corp. ("Smartix"), and defendant-investor Sumitomo Corporation of America ("SCOA"), Robert Graustein, a Senior Vice president of SCOA, and Sumitomo Corporation ("Sumitomo"), SCOA's parent company. In a complaint dated March 17, 2004...

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