Case ID: ad_226/html/0651-01.html
Source: Caselaw Access Project
Author: {"author": "Per Curiam.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

First Department,
    March, 1929.
    Abbey Dryfuss, Respondent, v. Harry G. Cowen and Others, Copartners Doing Business under the Firm Name and Style of Cowen & Co., Appellants.
   Per Curiam.

It is conceded that the first cause of action relates merely to damages for the unauthorized sell-out, measured by the difference in market value between the prices at which it is alleged the stocks were wrongfully sold and the highest market price within a reasonable time after the sale. Such demand for judgment has no relation to the moneys still in defendants’ hands concededly plaintiff’s due. Judgment and order affirmed, with costs. Present — Dowling, P. J., Merrell, McAvoy, Martin and Proskauer, JJ. Judgment affirmed, with costs.