Apple v. Careerco, Inc.

This is a CPLR article 78 proceeding brought by the petitioner, Joan Apple, a minority shareholder in the respondent, Careerco, Inc. She seeks an order directing Careerco, Inc. to deliver to her a copy of the annual balance sheet and profit and loss statement for the preceding fiscal year. She contends that she is entitled to such information *469pursuant to subdivision (e) of section 624 of the Business Corporation Law.

The respondents contend that she is not entitled to the relief authorized under subdivision (e) of section 624 because she is not acting in good faith; her intent is to harass the…