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VOLONTE v. DOMO, INC.

No. 20210399-CA.

528 P.3d 327 (2023)

2023 UT App 25

Fernando VOLONTE, Appellant, v. DOMO, INC., et al., Appellees.

Court of Appeals of Utah.

Filed March 9, 2023.

Attorney(s) appearing for the Case

Jon V. Harper , Salt Lake City, Francis A. Bottini Jr. , and Yury A. Kolesnikov , Attorneys for Appellant.

Gregory M. Saylin , Cory A. Talbot , Salt Lake City, Michelle Quist , Salt Lake City, Ignacio E. Salceda , Gregory L. Watts , Stephanie L. Jensen , Tyre L. Tindall , and Steffen N. Johnson , Attorneys for Domo Appellees.1

Matthew L. Lalli , Annika L. Jones , Salt Lake City, and Adam S. Hakki , Attorneys for Underwriter Appellees.2

Juliana M. Yee , Attorney for Amicus Curiae Chamber of Commerce of the United States of America.

Judge Ryan D. Tenney authored this Opinion, in which Justices Diana Hagen and Jill M. Pohlman concurred.

Opinion

¶1 Domo, Inc. (Domo) provides a cloud-based platform that gives customers access to certain data-processing services. After Domo went public in June 2018, Fernando Volonte purchased some of its stock. In November 2019, Volonte sued both Domo and various entities that had assisted it in going public, raising...

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