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Reg D / Private Placement — option pool shuffle diluting founders

Started by asking_for_friend_business_owner_WA · Nov 7, 2025 · 1,626 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.
AF
asking_for_friend_business_owner_WA OP

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

option pool shuffle diluting founders. I've been dealing with this for about 15 weeks now and the situation isn't improving.

I have already tried to resolve this directly but the other party is not cooperating.

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

AD
anon_dev_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.

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

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

One important thing — there are strict deadlines for filing these claims. Don't wait too long.

DD
desperate_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.

FB
frustrated_business_owner_NC

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.

WF
worried_freelancer_OH

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

HC
HRManager_Chicago

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

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

CS
confused_seller_2022

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

TA
TenantRights_Advocate

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

In my case, it took about 3-6 months to resolve. The key was having everything documented.

TA
TenantRights_Advocate

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.

FS
frustrated_student_MA

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.

CA
ConsumerAdvocate

Been there. Here's what I learned.

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

CS
confused_seller_FL

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

TF
TechStartup_Founder

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

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

NI
newbie_investor_2022

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.

RE
RemoteWorker_EU

I've dealt with this before.

What worked for me was having everything documented. It took 3-6 months but was worth it.

AH
anon_homeowner_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.

AD
anon_dev_2023

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.

CT
confused_trader_WA

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

FT
first_time_seller_OH

NAL, but from what I've read, you should document everything. That said, definitely get a lawyer to look at the specifics.

TA
TenantRights_Advocate

Been there. Here's what I learned.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

LT
LandlordTom_TX

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

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

CT
CryptoTrader_2023

Been there. Here's what I learned.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

TA
TenantRights_Advocate

I went through almost the exact same thing.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

FT
first_time_business_owner_NC

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

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