Case Name: SRG Partners, Appellant, v. Jules T. Asch et al., Respondents, et al., Defendant
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 2000-03-02
Citations: 270 A.D.2d 4
Docket Number: 
Parties: SRG Partners, Appellant, v Jules T. Asch et al., Respondents, et al., Defendant.
Judges: 
Reporter: Appellate Division Reports
Volume: 270
Pages: 4–5

Head Matter:
SRG Partners, Appellant, v Jules T. Asch et al., Respondents, et al., Defendant.
[703 NYS2d 722]

Opinion:
—Order, Supreme Court, New York County (Herman Cahn, J.), entered August 30, 1999, after a nonjury trial, dismissing the complaint as against defendants-respondents, and judgment, same court and Justice, entered thereon on September 21, 1999, unanimously affirmed, with costs.
Defendants-respondents' statements concerning predictions of future events cannot form the basis for a fraud cause of action (see, Beltrone v General Schuyler & Co., 223 AD2d 938, 941). In any event, the record supports the court's determination that plaintiff failed to prove, by clear and convincing evidence (see, Abrahami v UPC Constr. Co., 224 AD2d 231, 234), the elements of its fraud claims against defendants-respondents (see, Lama Holding Co. v Smith Barney, 88 NY2d 413, 421). Concur — Sullivan, P. J., Rosenberger, Mazzarelli and Andrias, JJ.