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LERNER v. PRINCE

650417/2009.

36 Misc.3d 297 (2012)

945 N.Y.S.2d 520

2012 NY Slip Op 22133

STANLEY LERNER, Derivatively on Behalf of Nominal Defendant CITIGROUP INC., Plaintiff, v. CHARLES O. PRINCE, III, et al., Defendants, and CITIGROUP INC., Nominal Defendant.

Supreme Court, New York County.

May 15, 2012.

Attorney(s) appearing for the Case

Cravath, Swaine & Moore LLP, New York City ( Richard W. Clary , Andrew C. Bosse and Rory A. Leraris of counsel), and Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, D.C. ( Jane O'Brien of counsel), for defendants. Wachtell, Lipton, Rosen & Katz, New York City ( Bradley R. Wilson of counsel), for nominal defendant. Greenfield & Goodman, LLC, New York City ( Richard D. Greenfield of counsel), and Cuneo Gilbert & LaDuca, LLP, Washington, D.C. ( Matthew E. Miller of counsel), for Stanley Lerner, plaintiff.

OPINION OF THE COURT

BERNARD J. FRIED, J.

Motion sequence numbers 002, 003, and 004 are consolidated for disposition and are disposed of in accordance with the following decision and order.

Defendants, the current and former outside directors of Citigroup, the current and former inside directors, officers and employees of Citigroup, and the nominal defendant Citigroup, move to dismiss the plaintiff's amended...

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