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SFR HOLDINGS LTD. v. RICE

8733, 652367/12.

170 A.D.3d 531 (2019)

96 N.Y.S.3d 200

2019 NY Slip Op 02032

SFR Holdings Ltd. et al., Respondents, v. John Rice et al., Appellants.

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

Decided March 19, 2019.

Plaintiffs claim that defendants concealed their investments in real estate from them, made false statements, issued false and misleading reports about the investments, and misrepresented the magnitude of the investments to induce them to refrain from redeeming their interests (see Eurycleia Partners, LP v Seward & Kissel, LLP, 12 N.Y.3d 553, 559 [2009]). The claim is supported by...

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