New York Supreme Court August 18, 1989 (Wechsler v. Murray)

OPINION OF THE COURT

Ira Gammerman, J.

This motion is brought to dismiss the consolidated class action complaint brought by individual depositors of defendant East New York Savings Bank (East New York), objecting to the recent conversion of East New York from a mutual savings bank to a stock corporation and its subsequent merger with defendant First Empire State Corporation (First Empire).