I can't believe 409A valuation for option grants is even legal

I publish illustrative scenarios prepared by my practice. All participants and conversations are fictional. The fictional posts are not posts by real users, accounts of client experiences, or reports of actual results.

Illustrative scenario prepared by my practice.

For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.

Hypothetical question

Not gonna lie, i've been trying to resolve this on my own but I'm stuck.

409A valuation for option grants. I've been dealing with this for about 7 months now and the situation isn't improving fr fr.

I have already done some research online but the other party is not cooperating.

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

Illustrative response

Quick update on my situation: filed a complaint with the state attorney general's office and got a response within 10 days. They opened an investigation and the company suddenly became very cooperative. Sometimes regulatory pressure works faster than litigation.

I can't believe 409A valuation for option grants is even legal

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