Legal Question in Business Law in Minnesota

A boss/friend offered a partnership in a convenience store to a manager of the store. The owner said it was making money and was cash flowing. It was close to the first of the year with inventory in a couple of days. The employee payed for 49% of the inventory the day of the inventory. The next day the owner said they should each kick in 10,000 into the account because it was emptied out because the cash was not the new partners. With that being understandable that money needs to be in the account both parties put $10,000 in. two weeks later they both put in $2500 in and a week later $3500 in. By then a month went by and after looking at the first bank statement, and a partial profit and loss statement found the business was loosing lots of money so she pulled the pin. The good/bad thing was the paper work was not ready by then and was never signed. So whats the recourse and what laws did he break by coning her into giving him her money? Thanks

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