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Fired and Only Have 90 Days to Exercise $200K in Stock Options

Started by options_expiring_fast · Apr 5, 2023 · 6 replies
For informational purposes only. This is not legal advice.
OE
options_expiring_fastOP

Looking for advice on this situation. Fired and Only Have 90 Days to Exercise $200K in Stock Options Any guidance would be greatly appreciated.

Details: I'm in a situation where I need to understand my legal options. Has anyone dealt with something similar?

TC
TenantLawyer_ChicagoAttorney

From an HR perspective, this is exactly the kind of situation that triggers EEOC complaints. Most companies will settle to avoid the investigation costs.

JF
jobseeker_frustrated

This sounds like a clear violation. Document everything and file with the appropriate agency. In California, you have strong protections under the Labor Code.

PA
PayPalPain

Check if your employer has an Employee Assistance Program (EAP). It sometimes includes free legal consultations. Also, many employment attorneys offer free initial consultations.

NL
NoahPeterson_LAAttorney

I went through something similar. The key is to act quickly — statutes of limitation are shorter than you think. My attorney took it on contingency and we settled for a decent amount.

SC
SaaS_CEO_Austin

Don't resign — that weakens your leverage. Let them fire you if it comes to that. A wrongful termination claim is stronger than a constructive dismissal claim.

OE
options_expiring_fastOP

Update: Thanks everyone for the guidance. I consulted with an attorney and we're moving forward. The advice here helped me understand what questions to ask and what to expect. Will update when there's a resolution.

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