I'm in a difficult situation and trying to figure out my next steps.
409A valuation for option grants. I've been dealing with this for about 12 months now and the situation isn't improving.
I have already done some research online but the other party is not cooperating.
Am I overthinking this or is this a real legal issue worth pursuing?
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.
I specialize in this area of law. Here's my take on the legal issues.
This is a common situation and the law is fairly clear. Under the relevant statute, actionable.
Might be worth talking to a local attorney about this.
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.
Following this thread — Same. 100% same. Please update.
Not a lawyer, but I have direct experience with this.
I ended up escalating to a supervisor/manager, which cost about $1-3 but saved me a lot more in the long run.
Have you tried reaching out to your state's consumer protection office? They sometimes have free resources or mediation services.
Idk but 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 imo.
Have you tried reaching out to your state's attorney general? They sometimes have free resources or mediation services honestly.
Been there. Here's what I learned.
In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.
NAL, but from what I've read, you should send a written demand. Take the above with a huge disclaimer that I'm just some person on the internet ngl.
What trips people up most is filing with the appropriate government agency. I'd recommend gathering evidence first instead.
Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.
Been there. Here's what I learned.
In my case, it took about 1-3 months to resolve. The key was escalating to a supervisor/manager.
I went through almost the exact same thing.
In my case, it took about 1-3 months to resolve. The key was escalating to a supervisor/manager.
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.
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 send a written demand. That said every case is different so take this with a grain of salt.
If you can swing it, a consultation is probably your best next move here.
Just consulted with an attorney about my case. The initial consultation was free and they took it on contingency (no upfront cost, they take a percentage of the recovery). If your case has strong merits, many attorneys will work on contingency.