Lewis v. Riklis

Orders, Supreme Court, New York County (Myers, J.), entered on March 6,1980, which granted the consolidated motions of defendants for a protective order, and denied plaintiffs an examination of the corporate defendant, AITS, Inc., affirmed, without costs. The individual defendants are directors of the defendant corporation with Riklis being the president of the company and cochairman of the board of directors. The complaint, in mere conclusory fashion, seeks damages for alleged corporate waste. The dissent concedes that in a derivative action a “protective order should issue unless plaintiff…