Has anyone dealt with something like this? I'm not sure what my options are.
SAFE vs convertible note comparison. I've been dealing with this for about 6 months now and the situation isn't improving.
I have already done some research online but got conflicting advice.
What are the risks if I pursue this? What's the likely timeline?
NAL, but from what I've read, you should send a written demand. Standard disclaimer: talk to an actual attorney for your case.
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.
I went through almost the exact same thing.
Don't make the same mistake I did -- is filing with the appropriate government agency. I'd recommend gathering evidence first instead.