Legal Opinion
Muh v. Risher
New York Court of Appeals
Decided December 29, 1975PublishedCited by 5 opinions
1Opinion of the Court
Memorandum. The order of the Appellate Division should be reversed.
In February, 1972 respondent, then a Vice-President and Chairman of the Board of Newberger, Loeb & Co., Inc., a member of the New York and American Stock Exchanges, entered into an agreement with appellant, then president and a director of the Newberger firm, and others for the sale to them of respondent’s 200,000 shares of the stock of Newberger. Fifty thousand dollars of the purchase price was paid then and the purchasers gave a promissory note for the balance of $350,000. Other details of the arrangement between the…
2Cited by5 opinions
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