GIARRATANO v. SILVER


46 A.D.3d 1053 (2007)

847 N.Y.S.2d 698

JANET A. GIARRATANO, Appellant, v. KENNETH S. SILVER, Respondent.

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

Decided December 13, 2007.


Kane, J.

In the 1980s, defendant, a certified public accountant, began preparing plaintiff's annual tax returns. When plaintiff received life insurance proceeds after her husband's death in 1995, she turned to defendant for investment advice. Defendant met with plaintiff, then sent her a letter recommending how she should invest this money. One of the proposed investments was for $100,000 in J & B Management Company bonds, a high-risk investment with returns of...

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