VULCAN POWER COMPANY v. MUNSON

5966, 600712/09

89 A.D.3d 494 (2011)

932 N.Y.S.2d 68

2011 NY Slip Op 7917

VULCAN POWER COMPANY, Respondent, v. STEPHEN M. MUNSON, Defendant, and SOO MIN FAY et al., Appellants.

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

Decided November 10, 2011.


Defendants-appellants and defendant Munson, their representative, signed the stockholders agreement without reading it. Defendants-appellants, in fact, never requested a copy of the agreement, depending instead on the representations of Munson, who, in turn, depended upon the representations of people whose interests were at odds with his and who he believed to be untrustworthy. As a result, defendants are bound by the terms of...

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