Smalley v. Dreyfus Corp.
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Chief Judge Kaye.
Five at-will employees sued their former employer, the Dreyfus Corporation, for fraudulent inducement to enter into and remain in the employment of Dreyfus. We conclude that these plaintiffs have not stated a cause of action.
As alleged in the amended complaint, in January 2001, plaintiff Gerald Thunelius, then the director of Dreyfus’ Taxable Fixed Income Group (TFIG), heard a rumor that Mellon Financial Corporation, Dreyfus’ parent corporation, had made an offer to acquire the fund management company of Standish, Ayer & Wood. When asked, Dreyfus’ chief…
2Cases cited5 opinions
- Murphy v. American Home Products Corp.New York Court of Appeals · 1983
- Weiner v. McGraw-Hill, Inc.New York Court of Appeals · 1982
- Sabetay v. Sterling Drug, Inc.New York Court of Appeals · 1987
- Ingle v. Glamore Motor Sales, Inc.New York Court of Appeals · 1989
- Horn v. New York TimesNew York Court of Appeals · 2003
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- Minovici v. Belkin BVAppellate Division of the Supreme Court of the State of New York · 2013
- Buckman v. CALYON SECURITIES (USA) INC.District Court, S.D. New York · 2011
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