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Equity Crowdfunding — Reg D 506(b) compliance question

Started by eComm_Seller_2022 · Jun 28, 2025 · 1,051 views · 11 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
ES
eComm_Seller_2022 OP

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

Reg D 506(b) compliance question. I've been dealing with this for about 4 weeks now and the situation isn't improving.

I have already done some research online but got conflicting advice.

Do I have a strong case? What should my next steps be?

FF
frustrated_freelancer_OH

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

FT
first_time_trader_today

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

NH
need_help_student_IL

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.

NH
need_help_business_owner_2026

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.

TL
Mod_TermsLaw Moderator

Attorney here. Here's my take on the legal issues.

This is a common situation and the law is fairly clear. Under the relevant statute, actionable.

You should consult with a local attorney who handles these cases. Many offer free initial consultations.

CA
ConsumerAdvocate

Not a lawyer, but I have direct experience with this.

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

NR
NurseUnion_Rep

Not a lawyer, but I have direct experience with this.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

VA
VCAnalyst_SF

Been there. Here's what I learned.

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

CA
ConsumerAdvocate

I've dealt with this before.

I ended up escalating to a supervisor/manager, which cost about $1-3 but saved me a lot more in the long run.

CA
ConsumerAdvocate

Been there. Here's what I learned.

The biggest mistake people make in this situation is having everything documented. I'd recommend keeping a detailed timeline instead.

ES
eComm_Seller_2022

I went through almost the exact same thing.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

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