Appellate Division of the Supreme Court of the State of New York February 7, 2006 (Parametric Capital Management, LLC v. Lacher)

Judgment, Supreme Court, New York County (Shirley Werner Kornreich, J.), entered April 5, 2005, which awarded defendants $11,854.50 in attorneys’ fees as sanctions against plaintiffs and their attorneys, unanimously reversed, on the facts and in the exercise of discretion, without costs, and the award vacated.