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MARCUS v. LINCOLNSHIRE MANAGEMENT, INC.

No. 05 Civ. 7127(LAK).

409 F.Supp.2d 474 (2006)

Paul MARCUS, Plaintiff, v. LINCOLNSHIRE MANAGEMENT, INC. and T.J. Maloney, Defendants.

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

January 13, 2006.

Attorney(s) appearing for the Case

Julian W. Friedman, Karin Klapper Orenstein, James A. Mitchell, Stillman & Friedman, P.C., New York City, for Plaintiff.

Jennifer Selendy, Gregory T. Heyman, Kirkland & Ellis LPP, New York City, for Defendant Lincolnshire Management, Inc.

Glen A. Silverstein, Leader & Berkon LLP, New York City, for Defendant T.J. Maloney.

MEMORANDUM OPINION

KAPLAN, District Judge.

Law reports are filled with the oft-told tale of the investor who, attracted by an enthusiastic promoter, makes a minority investment in a closely-held corporation to find out only later that the promoter or its successors have profited greatly while the investor is stuck with an illiquid, unproductive holding. This is another case born of such circumstances. It is before the Court on defendants' motion to dismiss...

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