Kramer v. Dreyfus & Co.

The plaintiff is suing the defendant for damages on three causes of action. The first two are based on fraud and the third is predicated in part on negligence. The plaintiff claims that, on January 5, 1959, he entered into an agreement with the defendant whereby the defendant, for a fee, undertook to counsel and advise the plaintiff from time to time concerning the investment and reinvestment of cash and securities deposited in a security account by the plaintiff with the defendant. In the first and second causes of action, the plaintiff alleges that, during the months of March and April,…