Atlantic Acoustical & Insulation Co. v. Moreira

DELAHANTY, Justice.

Plaintiff Atlantic Acoustical & Insulation Co. (Atlantic) instituted this action for declaratory and injunctive relief against the defendant Albert Moreira. A trial on the merits was held before a Justice of the Superior Court (Cumberland County). From a judgment for the defendant, the plaintiff has appealed. We deny the appeal.

The gravamen of the complaint was that the defendant, who was at one time the treasurer of Atlantic, a corporation, as well as a director and fifty percent shareholder, had either knowingly or negligently supplied Atlantic’s accountants with false…