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Cap Table Question — Reg D 506(b) compliance question

Started by throwaway_employee_2025 · Jan 22, 2025 · 1,279 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
TE
throwaway_employee_2025 OP

I've been trying to resolve this on my own but I'm stuck.

Reg D 506(b) compliance question. I've been dealing with this for about 8 months now and the situation isn't improving.

I have already tried to resolve this directly but the other party is not cooperating.

Am I overthinking this or is this a real legal issue worth pursuing?

TL
Mod_TermsLaw Moderator

Licensed attorney — a few thoughts. Here's my take on the legal issues.

Based on what you've described, you likely have a viable claim under the relevant statute. The standard is whether a reasonable person would find the conduct actionable.

You should consult with a local attorney who handles these cases. Many offer free initial consultations.

DN
DataPrivacy_Nerd

Not a lawyer, but I have direct experience with this.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

GL
GigWorker_LA

Not a lawyer, but I have direct experience with this.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.