Rotterdam Ventures, Inc. v. Ernst & Young, LLP
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Crew III, J.P.
Appeal from an order of the Supreme Court (Reilly, Jr., J.), entered August 1, 2001 in Schenectady County, which, inter alia, granted defendant’s motion to dismiss the complaint for failure to state a cause of action.
This action arises out of certain investments made by plaintiffs in what was at all relevant times a publicly traded telecommunications company named AMNEX, Inc. In January 1997, plaintiff Francesco Galesi acquired between one and two percent of AMNEX’s stock and became a member of the company’s board of directors. Shortly thereafter, in a bid to increase its…
2Cases cited9 opinions
- State Street Trust Co. v. ErnstNew York Court of Appeals · 1938
- Megaris Furs, Inc. v. Gimbel Brothers, Inc.Appellate Division of the Supreme Court of the State of New York · 1991
- Lasalle National Bank v. Ernst & Young L. L. P.Appellate Division of the Supreme Court of the State of New York · 2001
- Cohen v. ColistraAppellate Division of the Supreme Court of the State of New York · 1996
- Foothill Capital Corp. v. Grant Thornton, L. L. P.Appellate Division of the Supreme Court of the State of New York · 2000
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- United States Fidelity & Guaranty Co. v. Delmar Development Partners, LLCAppellate Division of the Supreme Court of the State of New York · 2005
- THOMAS H. LEE EQUITY FUND v. v. Grant ThorntonDistrict Court, S.D. New York · 2008
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