Rigney v. Cyberpoint3 Holdings, LLC

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND JOHN RIGNEY, et al., Plaintiffs, No. 23-cv-1420-GLR v. CYBERPOINT3 HOLDINGS, LLC, et al., Defendants. MEMORANDUM OPINION AND ORDER In 2014-15, Plaintiffs John Rigney and Evan Dornbush sold two companies, Point3 Security, Inc. and P3F, LLC (the “P3 companies”), to Defendant CyberPoint3 Holdings, LLC (“CP3”), but remained as employees. In 2023, CP3 terminated Plaintiffs’ employment and purported to nullify the sale. Plaintiffs then brought this action, contending, among other things, that Defendants had breached their contractual…