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GLODEK v. KADMON HOLDINGS, LLC

7679. 156177/16.

166 A.D.3d 512 (2018)

85 N.Y.S.3d 864

2018 NY Slip Op 07962

Kevin Glodek, Appellant-Respondent, v. Kadmon Holdings, LLC, et al., Respondents-Appellants.

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

Decided November 20, 2018.

Plaintiff's claims are precluded under the terms of the broad general release of known and unknown claims in the parties' settlement agreement (Centro Empresarial Cempresa S.A. v América Móvil, S.A.B. de C.V., 17 N.Y.3d 269, 276-277 [2011]), and plaintiff has not sufficiently alleged that he was fraudulently induced to enter into that agreement. In fact, plaintiff assumed the risk of the exact reverse stock split that now...

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