January 25, 2019

An alleged breach of a coop board member's fiduciary duty.

Where the plaintiff does not allege individual wrongdoing by defendant board members separate and apart from the board's collective action taken on behalf of the cooperative, a breach of fiduciary duty claim does not lie against the individual defendants.

Graham v. 420 E. 72nd Tenant Corp., NY Slip Op 00409 (1st Dep't January 22, 2019)

Here is the decision.