Opinion
March 2, 2000
Order, Supreme Court, New York County (Herman Cahn, J.), entered August 30, 1999, after a nonjury trial, dismissing the complaint as against defendants-respondents, and judgment, same court and Justice, entered thereon on September 21, 1999, unanimously affirmed, with costs.
Irving Bizar, for Plaintiff-Appellant.
Michael E. Schoeman, for Defendants-Respondents.
SULLIVAN, P.J., ROSENBERGER, MAZZARELLI, ANDRIAS, JJ.
Defendants-respondents' statements concerning predictions of future events cannot form the basis for a fraud cause of action (see, Beltrone v. General Schuyler Co., 223 A.D.2d 938, 941). In any event, the record supports the court's determination that plaintiff failed to prove, by clear and convincing evidence (see,Abrahami v. UPC Constr. Co., Inc., 224 A.D.2d 231, 234), the elements of its fraud claims against defendants-respondents (see, Lama Holding Co., v. Smith Barney Inc., 88 N.Y.2d 413, 421).
THIS CONSTITUTES THE DECISION AND ORDER OF SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT.