Valassis Communications, Inc. v. Weimer

Order, Supreme Court, New York County (Ira Gammerman, J.), entered January 4, 2002, which granted defendants’ motions to dismiss the complaint pursuant to CPLR 3211 (a) (1) and (7), unanimously affirmed, with costs.

This action, purporting to sound in fraud and breach of contract, is premised upon allegations that defendants made numerous misrepresentations respecting the financial viability of an Internet-related business to induce plaintiffs to purchase the business. In light, however, of provisions of the parties’ Purchase Agreement specifically prohibiting plaintiffs’ reliance on…