People v. Grasso

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered March 25, 2005, which granted cross-claim defendants’ motion to dismiss the fifth cause of action of the cross claims asserted by defendant and cross-claim plaintiff Richard A. Grasso, unanimously reversed, on the law, without costs, the motion denied and the fifth cause of action of Grasso’s cross claims reinstated.

At issue in this pleading-stage appeal is defendant Grasso’s fifth cross claim against codefendant The New York Stock Exchange, Inc. (NYSE) and NYSE’s current chairman, John S. Reed. In this cross claim, Grasso,…