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IDT CORPORATION v. MORGAN STANLEY DEAN WITTER & CO.

45 A.D.3d 419 (2007)

846 N.Y.S.2d 116

IDT CORPORATION, Respondent, v. MORGAN STANLEY DEAN WITTER & CO. et al., Appellants.

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

Decided November 20, 2007.

Plaintiff, a telecommunications company, alleges in its complaint that Morgan Stanley, its former investment banker, engaged in a variety of improper conduct in an effort to maximize the fees it collected, thereby breaching its fiduciary duty to plaintiff and causing it substantial financial harm in the process. The complaint asserts claims for breach of fiduciary duty, tortious interference with contract, tortious interference with prospective business relations, misappropriation...

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