Kern, Suslow Securities, Inc. v. Baytree Associates, Inc.

Judgment, Supreme Court, New York County (Alice Schlesinger, J.), entered October 28, 1998, after a nonjury trial, awarding plaintiff the principal sum of $807,970.29, unanimously modified, on the law and the facts, the judgment vacated and the matter remanded for a hearing to determine the date that Schlisser left plaintiffs employ, plaintiffs claims arising after said date to be precluded, and otherwise affirmed, without costs.

Plaintiff is a securities broker-dealer, defendant is an investment firm which, among other things, acts as an offering agent for companies issuing Regulation S…