What is the statute of limitations for a claim of breach of fiduciary duty?
MultiRegion, United States of America
The following excerpt is from Grabis v. Navient Sols., LLC (In re Grabis), Adv. Pro. No. 15-01420-JLG, Case No. 13-10669-JLG (Bankr. S.D.N.Y. 2020):
A three-year statute of limitations applies where, as here, a plaintiff seeks money damages occasioned by an alleged breach of fiduciary duty under New York law. See N.Y. C.P.L.R. 214(4).75 See also Yatter v. William Morris Agency, 256 A.D.2d 260, 261 (1st Dep't. 1998) ("Because plaintiff's breach of fiduciary duty claim seeks only money damages, the
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