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DAVIS v. CORNERSTONE TELEPHONE COMPANY, LLC

61 A.D.3d 1315 (2009)

878 N.Y.S.2d 800

LAWRENCE A. DAVIS, Also Known as LARRY DAVIS, Individually and as Shareholder of COMBINED SOLUTIONS, INC., and as a Member of CORNERSTONE TELEPHONE COMPANY, LLC, Appellant, v. CORNERSTONE TELEPHONE COMPANY, LLC, et al., Respondents.

Appellate Division of the Supreme Court of New York, Third Department.

Decided April 30, 2009.

Rose, J.P.

During the first half of 2001, plaintiff allegedly gave a total of $100,000 to defendants Daniel J. Yamin Jr. and Donald J. Walsh in exchange for their promise that he would be a part owner of Combined Solutions, Inc., the telecommunications consulting corporation that they were forming. Plaintiff never received any shares of stock in Combined Solutions or a second company, CSTC, LLC, which Combined Solutions formed in June 2001 and which Yamin and Walsh...

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