Legal Opinion
People v. Greenberg
Appellate Division of the Supreme Court of the State of New York
Decided April 16, 2015No. 13989 401720/05PublishedCited by 2 opinions
1Opinion of the Court
Order, Supreme Court, New York County (Charles E. Ramos, J.), entered May 29, 2014, which denied defendants’ motion for summary judgment dismissing the complaint, unanimously affirmed, without costs.
The State’s disgorgement claim was legally viable, despite the settlement of actions brought by American International Group, Inc. shareholders and by the corporation, and the accompanying releases (see People v Ernst & Young LLP, 114 AD3d 569, 570 [1st Dept 2014]). Defendants failed to carry their prima facie burden of demonstrating the lack of incentive compensation paid to defendants as a…
2Cases cited5 opinions
- Fundamental Portfolio Advisors, Inc. v. Tocqueville Asset Management, L.P.New York Court of Appeals · 2006
- United States Securities & Exchange Commission v. Citigroup Global Markets, Inc.Court of Appeals for the Second Circuit · 2014
- William J. Jenack Estate Appraisers & Auctioneers, Inc. v. RabizadehNew York Court of Appeals · 2013
- U.S. Securities & Exchange Commission v. Citigroup Global Markets Inc.District Court, S.D. New York · 2011
- People v. Ernst & Young LLPAppellate Division of the Supreme Court of the State of New York · 2014
3Cited by2 opinions
- Greenberg v. SpitzerAppellate Division of the Supreme Court of the State of New York · 2017
- The People of the State of New York by Eric T. Schneiderman v. Maurice R. GreenbergNew York Court of Appeals · 2016