HCFA Associates Corp. v. Grosman

MEMORANDUM OF DECISION AND ORDER

SPATT, District Judge.

This lawsuit arises as the result of an agreement entered into between the parties. According to the plaintiffs, HCFA Associates Corporation d/b/a Healthcare Associates (“Healthcare”), B.T.N.H., Inc. (“BTNH”), Patrick Donnellon (“Donnellon”), Harry Satin (“Satin”), Anthony Salerno (“Salerno”) and Jeffrey Sunshine (“Sunshine,” collectively the “plaintiffs”), they were fraudulently induced to execute an agreement (the “Terms Sheet” or the “Agreement”) with the defendant, Kurt Grosman (“Grosman” or the “defendant”), under which the parties…