Chanin v. Machcinski

Order, Supreme Court, New York County (Carol R. Edmead, J.), entered December 24, 2014, which granted defendants’ mo tion to dismiss the complaint and for summary judgment dismissing the complaint, and denied plaintiffs’ cross motion for leave to file the proposed amended complaint, unanimously reversed, on the law, with costs, defendants’ motion denied, and plaintiffs’ cross motion granted.

The evidence shows that plaintiffs requested a letter from defendants, who were outside counsel to a hedge fund in which plaintiffs had invested, regarding the implications of certain Security and Exchange…