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angel investor wants board seat — sharing my story

Started by paper_pusher_18 · Jan 14, 2025 · 790 views · 4 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
PP
paper_pusher_18 OP

Looking for advice on a legal issue. Here's what happened....

angel investor wants board seat. I've been dealing with this for about 10 months now and the situation isn't improving.

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

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

TT
too_tired_for_this_29

NAL, but from what I've read, you should check your state's specific laws. But yeah, have someone look at your specific situation.

SR
samantha_r_10

This is depressingly common.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

NH
new_here_be_gentle_22

I talked to a lawyer when this happened to me. Worth every penny.

DT
desperate_times_etc_10

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.