New York Court of Appeals

Pludeman v. Northern Leasing

May 6, 200810 N.Y.3d 486

Summary

The Court affirmed that the plaintiffs' amended complaint sufficiently pleaded fraud against the individually named corporate officers under CPLR 3016(b), holding that the alleged facts permit a reasonable inference of the officers' knowledge or participation. The decision rests on the principle that detailed factual allegations are not required when the facts are within the defendants' knowledge.