If I started a company with a friend and we had a falling out would it be illegal for him to share private audio +

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No.  That would not be legal.  That could be harassment or violation of wiretap and sharing laws.  I would contact the police at once.  This is illegal.  A business agreement or dispute does not justify illegal activity.  I am sorry this is happening.

What state is this in?

However, North Carolina law does make an exception in cases where the person or people communicating are doing so in an environment where they should not be under the expectation of privacy. N.C. Gen. Stat. Ann. § 15A-286.

Depends where the conversations took place.  That is a one party consent state but it depends on the expectation of privacy.

There would be privacy there unless he disclosed he was recording them.  You do not assume a conversation is being recorded.  I would believe this to be illegal.

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