Members-only forum — Email to join

Reg D / Private Placement — angel investor wants board seat

Started by just_curious_driver_NY · Nov 29, 2025 · 839 views · 24 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
JC
just_curious_driver_NY 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 13 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but did not get a clear answer.

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

NH
need_help_contractor_today

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.

AD
anon_dev_NC

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.

MA
MusicProducer_ATL

I've seen this play out several times in my field.

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

AB
anon_business_owner_question

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.

TL
Mod_TermsLaw Moderator

Licensed attorney — a few thoughts. Here's my take on the legal issues.

There are several legal theories that could apply here. The strongest is probably the relevant statute, which requires showing actionable.

The practical consideration here is cost vs. potential recovery. For disputes under $10K, small claims court is often the best route.

NH
need_help_buyer_legal

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.

TR
TruckerRights_OH

I went through almost the exact same thing.

The biggest mistake people make in this situation is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

NR
NurseUnion_Rep

I've dealt with this before.

The biggest mistake people make in this situation is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

TS
throwaway_seller_NC

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.

FT
frustrated_tenant_TX

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

DN
DataPrivacy_Nerd

Been there. Here's what I learned.

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

FC
frustrated_creator_TX

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.

AF
asking_for_friend_buyer_OH

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

SA
seeking_advice_freelancer_TX

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

SA
seeking_advice_creator_FL

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.

RL
RetiredLawyer_FL

Been there. Here's what I learned.

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

WT
worried_tenant_2023

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

SM
SeniorDevMike_PDX

I've dealt with this before.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

AF
asking_for_friend_driver_NC

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.

SM
SeniorDevMike_PDX

Been there. Here's what I learned.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

SA
seeking_advice_creator_question

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.

FC
frustrated_contractor_WA

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.

FK
FreelancerKate

I've seen this play out several times in my field.

In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.

JC
just_curious_renter_2023

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

Want to participate in this discussion?

Email owner@terms.law to request access