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SMALLEY v. DREYFUS CORP.

10 N.Y.3d 55 (2008)

882 N.E.2d 882

853 N.Y.S.2d 270

KENNETH D. SMALLEY et al., Respondents, v. THE DREYFUS CORPORATION et al., Appellants.

Court of Appeals of the State of New York.

Decided February 12, 2008.

Attorney(s) appearing for the Case

Reed Smith LLP, New York City (Gil Feder, Paul P. Rooney and Lance Gotthoffer of counsel), for appellants.

The Law Offices of Neal Brickman, P.C., New York City (Neal Brickman and Melinda M. Dus of counsel), for respondents.

Judges CIPARICK, GRAFFEO, READ, SMITH, PIGOTT and JONES concur.

OPINION OF THE COURT

Chief Judge KAYE.

Five at-will employees sued their former employer, the Dreyfus Corporation, for fraudulent inducement to enter into and remain in the employment of Dreyfus. We conclude that these plaintiffs have not stated a cause of action.

As alleged in the amended complaint, in January 2001, plaintiff Gerald Thunelius, then the director of Dreyfus' Taxable Fixed Income Group...

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