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Convertible Note Issue — Reg D 506(b) compliance question

Started by asking_for_friend_homeowner_CO · Sep 4, 2025 · 536 views · 1 reply
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_homeowner_CO OP

I'm in a difficult situation and trying to figure out my next steps.

Reg D 506(b) compliance question. I've been dealing with this for about 3 weeks now and the situation isn't improving.

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

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

TL
Mod_TermsLaw Moderator

I specialize in this area of law. 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.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

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