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State Tax Issue — stock option exercise timing

Started by desperate_investor_legal · Apr 26, 2024 · 2,228 views · 12 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
DI
desperate_investor_legal OP

I'm in a difficult situation and trying to figure out my next steps.

stock option exercise timing. I've been dealing with this for about 2 weeks now and the situation isn't improving.

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

What's the typical outcome in situations like this?

AB
AgentBroker_TX

I've dealt with this before.

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

OD
OpenSourceLawyer_Dan

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.

FB
frustrated_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.

FK
FreelancerKate

I went through almost the exact same thing.

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

AF
asking_for_friend_worker_GA

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.

Based on what you've described, you likely have a viable claim under the relevant statute. The standard is whether a reasonable person would find the conduct actionable.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

FB
frustrated_buyer_2022

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

HC
HRManager_Chicago

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

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

AB
anon_business_owner_2022

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.

PB
PatentAgent_Boston

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

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

SA
seeking_advice_buyer_today

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

TR
TruckerRights_OH

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

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

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