What would you do about option pool shuffle diluting founders?

I publish illustrative scenarios prepared by my practice. The participants and conversations are fictional. These are not posts by real users, accounts of client experiences or reports of actual results.
Started by pro_se_disaster_18 · Nov 8, 2024 · 1,057 views · 2 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
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pro_se_disaster_18 OP

Quick background on my situation — any input appreciated.

option pool shuffle diluting founders. I've been dealing with this for about 7 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

What are my legal options here? Is it worth pursuing?

DE
deskjockey_25

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.

LM
lawyer_mike_d_25

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.