I've been trying to resolve this on my own but I'm stuck.
option pool shuffle diluting founders. I've been dealing with this for about 10 weeks now and the situation isn't improving.
I have already done some research online but the other party is not cooperating.
What are the risks if I pursue this? What's the likely timeline?
Have you tried reaching out to your state's attorney general? They sometimes have free resources or mediation services.
Attorney here. Here's my take on the legal issues.
The key question is whether the applicable statute of limitations has run. Depending on your jurisdiction, you typically have the relevant statute years for this type of claim.
One important thing — there are strict deadlines for filing these claims. Don't wait too long.
Not a lawyer, but I have direct experience with this.
Most folks screw this up by is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.
NAL, but from what I've read, you should send a written demand. Standard disclaimer: talk to an actual attorney for your case.
Been there. Here's what I learned.
I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.
Not a lawyer, but I have direct experience with this.
What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.