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GUNTHEL v. DEUTSCHE BANK AG

Index No. 603668/2004, Motion Seq. No. 001

2005 NY Slip Op 30361 (U)

RICHARD GUNTHEL, GEORGE KOUNTOURIS, DESMOND MCGOWAN, BRUCE MORRISON, PAMELA MEISEL, PAUL TUROVSKY, LISA ANDERSON, JUSTIN CHUTER, ROBBTN HERRING, MICHAEL MONTELTBANO, DAVID NETSER, JEMI SHIEH, PIETRO STELLA, ANDREW TRICKETT, LESLEY CHEN, and ROBTN AMBLER, Plaintiffs, v. DEUTSCHE BANK AG, DEUTSCHE BANK TRUST COMPANY AMERICAS, and DEUTSCHE BANK SECURITIES, INC., Defendants.

Supreme Court of the State of New York, New York County.

August 9, 2005

DECISION and ORDER

Karla Moskowitz, J.:

Defendants move to dismiss the complaint pursuant to CPLR 3211 (a) (1) and (7).

Plaintiffs are former employees of defendants' real estate investment banking group. They claim that defendants failed to pay them millions of dollars in incentive compensation awards linked to profits from a portfolio of real estate investments that plaintiffs helped acquire and manage. Plaintiffs also claim...

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