Brandon v. Chefetz

OPINION OF THE COURT

Norman C. Ryp, J.

A. ISSUE

Should the Empire State entertain multistate plaintiffs as a class act(ion)?

Whether a New York State court should take jurisdiction over a New York corporation’s common stockholders’ class action, if all other CPLR 901 prerequisites and CPLR 902 pragmatic considerations are met, where 48.5% shareholders owning 22% of the shares are nonresidents? Only the totality of factual circumstances, following precertification discovery will tell the full story of this corporate “takeover”!

B. FACTS

Plaintiffs move, under CPLR 902, for certification of this…