PLATINUM PARTNERS VALUE ARBITRAGE FUND LP v. KROLL ASSOC., INC.

8996, 105508/10.

102 A.D.3d 483 (2013)

957 N.Y.S.2d 336

2013 NY Slip Op 150

PLATINUM PARTNERS VALUE ARBITRAGE FUND LP, Appellant, v. KROLL ASSOCIATES, INC., et al., Respondents.

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

Decided January 15, 2013.


The complaint alleges that, pursuant to a written retainer agreement with plaintiff, defendant Kroll Associates, Inc., a private investigative firm, prepared a report on certain individuals connected with a business in which plaintiff was considering investing some $20 million. The single-spaced, 76-page report summarized a substantial amount of information about the individuals in question. However, it failed to include three articles, all published nine or more years earlier...

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