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L.K. STATION GROUP, LLC v. QUANTEK MEDIA, LLC

62 A.D.3d 487 (2009)

879 N.Y.S.2d 112

L.K. STATION GROUP, LLC, Appellant, v. QUANTEK MEDIA, LLC, et al., Respondents.

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

May 14, 2009.

Plaintiff L.K. Station Group is a Florida limited liability company in the business of purchasing television stations, with a focus on Hispanic markets. In 2007 it undertook to purchase two television stations in Santa Rosa, California and Bellingham, Washington, for which it required $30 million in financing. On or about July 31, 2007 its broker received a letter from codefendant Bulltick Capital Markets in which it was represented that codefendant Quantek Asset Management...

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