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MUNSON v. INDIGO ACQUISITION HOLDINGS, LLC

No. 20190027.

931 N.W.2d 679 (2019)

2019 ND 197

Wayne MUNSON, Plaintiff and Appellant v. INDIGO ACQUISITION HOLDINGS, LLC, Akoya Capital, LLC, and Denny Chandler, Defendants and Appellees.

Supreme Court of North Dakota.

Filed July 30, 2019.

Attorney(s) appearing for the Case

Chad C. Nodland , Bismarck, ND, for plaintiff and appellant.

Jason R. Asmus (argued) and Charles B. Rogers (on brief), Minneapolis, MN, for defendants and appellees.

[¶1] Wayne Munson appealed from a district court judgment granting Indigo Acquisition Holdings' (IAH) motion for judgment on the pleadings. We conclude that the transaction at issue is exempt under the North Dakota Securities Act. We affirm.

I

[¶2] In 2009, Munson and other employees of Indigo...

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