Johnson v. Proskauer Rose LLP
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Mazzarelli, J.
On this appeal and cross appeal from the disposition of a motion addressed to the allegations in plaintiffs’ first amended complaint, the following recitation of facts is based strictly on the allegations set forth in that pleading. As this is a motion to dismiss the complaint, the allegations must be assumed to be true. Plaintiffs are individual heirs to the Johnson & Johnson (J & J) fortune, trusts established for the benefit of those individuals, and trustees of the plaintiff trusts. They own many shares of J & J stock, much of it obtained at a low cost…
2Cases cited20 opinions
- Leon v. MartinezNew York Court of Appeals · 1994
- Goshen v. Mutual Life InsuranceNew York Court of Appeals · 2002
- Meinhard v. SalmonNew York Court of Appeals · 1928
- EBC I, Inc. v. Goldman, Sachs & Co.New York Court of Appeals · 2005
- Walker v. SheldonNew York Court of Appeals · 1961
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- Neogenix Oncology, Inc. v. GordonDistrict Court, E.D. New York · 2015
- Rohe v. Bertine, Hufnagel, Headley, Zeltner, Drummon & Dohn, LLPDistrict Court, S.D. New York · 2016
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