Syms v. Syms
Opinion of the Court
—Order and judgment (one paper), Supreme Court, New York County (Karla Moskowitz, J.), entered September 4, 1992, granting defendants’ motion for summary judgment and denying plaintiffs cross motion for summary judgment, unanimously affirmed, without costs.
The IAS Court correctly determined that summary judgment in defendants’ favor is not precluded by triable issues of fact as to whether defendant Sy Syms, aided by his attorney, defendant Rosenthal, had diluted plaintiffs stock interests in the Syms clothing corporation by fraudulently inducing plaintiffs signature on a Voting Trust Agreement, dated July 25, 1983, in connection with a public offering and reorganization. The record reflects that plaintiff, in his capacity as a director of the corporate entity and as one of the children of defendant Sy Syms, had unfettered access to the corporate books and
The IAS Court also correctly determined that the Statute of Limitations bars plaintiff’s causes of action for fraud (CPLR 203 [f]; 213 [8]; Smith v Sarkisian, 63 AD2d 780, affd 47 NY2d 878) and legal malpractice (CPLR 214 [6]; Little Princess Truck Rentals v Pergament Distribs., 143 AD2d 179, 180).
We have reviewed plaintiff’s remaining claims and find them to be without merit. Concur — Murphy, P. J., Carro, Rosenberger and Ross, JJ.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.