A Boulder triathlon and bike shop owner says the business he spent years building was sold behind his back, and he is now asking a judge to put the brakes on the deal.
Michael Stone, who owns Colorado Multisport, claims the shop’s name and trademark were swept into a sale last year without his consent. In a lawsuit, he is asking for the purchase to be unwound and is seeking money damages on top of that.
Stone filed suit last Monday in Boulder District Court against Russ Chandler, accusing him of theft, breach of contract, and related claims, according to BusinessDen. The complaint asks the court to void the sale to Mike’s Bikes and to order Chandler to hand over any proceeds from the transaction…