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Cap Table Question — option pool shuffle diluting founders

Started by asking_for_friend_employee_TX · Aug 4, 2025 · 1,057 views · 9 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
AF
asking_for_friend_employee_TX OP

Quick background on my situation — any input appreciated.

option pool shuffle diluting founders. I've been dealing with this for about 7 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

What are my legal options here? Is it worth pursuing?

AW
anon_worker_2026

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

FT
first_time_creator_IL

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

HM
help_me_homeowner_FL

Have you tried reaching out to your state's labor board? They sometimes have free resources or mediation services.

TL
Mod_TermsLaw Moderator

I've handled similar cases. Here's my take on the legal issues.

The legal framework here involves both federal and state law. At the federal level, the relevant statute. Your state may provide additional protections.

One important thing — there are strict deadlines for filing these claims. Don't wait too long.

HM
help_me_employee_CO

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

HM
help_me_creator_TX

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

FF
frustrated_freelancer_FL

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

CA
CorpCounsel_Amy

Been there. Here's what I learned.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

HM
help_me_business_owner_IL

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

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