409A valuation for option grants — what are my options?

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Illustrative scenario prepared by my practice.
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
Hypothetical question

EDIT: added more context below. I've been trying to resolve this on my own but I'm stuck.

409A valuation for option grants. I've been dealing with this for about 7 months now and the situation isn't improving.

I have already done some research online but the other party is not cooperating.

What's the typical outcome in situations like this?

Illustrative response

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.