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BENETECH, INC. v. OMNI FIN. GROUP, INC.

516632.

116 A.D.3d 1190 (2014)

984 N.Y.S.2d 186

2014 NY Slip Op 2480

BENETECH, INC., Appellant, v. OMNI FINANCIAL GROUP, INC., Respondent.

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

Decided April 10, 2014.

Egan Jr., J.

Plaintiff and defendant are competitors engaged in the business of providing administration services for tax-deferred retirement plans governed by Internal Revenue Code (26 USC) § 403 (b) and available to, among others, public school employees. Specifically, plaintiff and defendant act as third-party intermediaries between the school districts, as the sponsors of the plans, and the financial firms (or service providers) that offer the financial products...

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