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GREGORY v. GREGORY

No. A-1490-13T2.

MICHAEL GREGORY, MARY GREGORY O'CONNOR, ELIZABETH GREGORY, and JAMES GREGORY, Plaintiffs-Appellants, v. ROBERT GREGORY, SAMUEL GREGORY, CHRISTOPHER GREGORY, NICHOLAS GALVANIZING CO., INC., a New Jersey corporation; FIVE ROSES COMPANY, LLC, a New Jersey limited liability company; and FIVE ROSES, LLC, Defendants-Respondents, and NEW JERSEY GALVANIZING AND TINNING WORKS, INC., a New Jersey corporation, Nominal Defendant-Respondent, and WILLIAM PATRIC GREGORY, III, Nominal Defendant.

Superior Court of New Jersey, Appellate Division.

Decided April 16, 2015.

Attorney(s) appearing for the Case

Laurence B. Orloff argued the cause for appellants (Orloff, Lowenbach, Stifelman & Siegel, and LeClairRyan, attorneys; Mr. Orloff and Michael S. Haratz , of counsel and on the briefs).

Robert Mahoney argued the cause for respondents (Norris McLaughlin & Marcus, P.A., attorneys; Mr. Mahoney, on the brief).

Before Judges Sabatino, Simonelli, and Guadagno.

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION

Plaintiffs and the individual defendants are siblings and parties to an option agreement, pursuant to which they were each given shares of stock in a closely-held family business, defendant New Jersey Galvanizing and Tinning Works, Inc. ("NJGTW"). At the instigation...

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