Bilotti v. Accurate Forming Corp.

The opinion of the court was delivered by

Hall, J.

This case is here on plaintiff’s appeal from summary judgment granted defendants in the Law Division. We certified the matter on our own motion before argument in the Appellate Division. R. R. 1:10-1 (a).

The essence of the cause of action is a claim of fraud in connection with the sale of plaintiff’s stock in the three corporate defendants resulting in the receipt of an inadequate price. Of principal concern is the effect of a general release given by plaintiff when the sale was consummated. .

The summary judgment application was heard before…