Mannos v. Moss

JONES, Justice.

This case derives from the sale of stock in Idaho Peterbilt, Inc. (“Peterbilt”) and GRM Leasing, Inc. (“GRM”). The stock purchaser, appellant Tyler Mannos, sued the sellers, Terry Lawrence and Lloyd Lawrence, and a third party, Todd Moss (collectively “the defendants”), alleging eleven causes of action after Peterbilt, Inc. proved economically unviable. The district court granted summary judgment in favor of the defendants, dismissing all of Mannos’ claims. We affirm in part and vacate and remand in part.

I

Peterbilt was a closely-held Idaho corporation primarily engaged in the…