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

I'm dealing with a situation and need some guidance.

Reg D 506(b) compliance question. I've been dealing with this for about 5 months now and the situation isn't improving.

I have already tried to resolve this directly but did not get a clear answer.

Should I hire a lawyer for this or try to handle it myself?

NAL, but from what I've read, you should file a complaint. That said, definitely get a lawyer to look at the specifics.

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.

NAL, but from what I've read, you should file a complaint. That said, definitely get a lawyer to look at the specifics.

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.

Attorney here. 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.

I'd recommend documenting everything in writing from this point forward. Keep copies of all communications.

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

I've dealt with this before.

The biggest mistake people make in this situation is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

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.

I went through almost the exact same thing.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

NAL, but from what I've read, you should file a complaint. That said, definitely get a lawyer to look at the specifics.

I went through almost the exact same thing.

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

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

I've dealt with this before.

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

I've dealt with this before.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

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

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

I went through almost the exact same thing.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

I've seen this play out several times in my field.

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

I went through almost the exact same thing.

In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.

Been there. Here's what I learned.

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

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.