Riskin v. National Computer Analysts, Inc – Case Brief Summary (New York)

In Riskin v. National Computer Analysts, Inc., 37 AD2d 952, 326 N.Y.S.2d 419 [1st Dept 1971]), the appellate court had to determine the value of damages resulting from a defendant's delay in transferring shares of stock to the plaintiff.

The court concluded that the plaintiff's actual damages were the market value of the shares of stock on the day they should have been transferred and the market value of those shares on the day they were in fact transferred.