Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Ask HN: What if an employer simply never lets you purchase your options?
4 points by buf on Jan 4, 2017 | hide | past | favorite | 2 comments
I've been an employee of a number of startups. I've bought options quite a few times.

This last startup I worked for always had excuses to not give us the 409a information. After 1.5 years, for other reasons, I felt it was time to move on.

60 days has gone by, and I've been emailing, but no options have come to exercise. I've only got 30 more days as it is mentioned in my contract.

Is there anything that can legally be done?



Ask a simple question, get a simple answer. Get a lawyer immediately and have them file. There are a number of infractions here. How you use those infractions to your best interest in a civil law case will be best decided by a competent lawyer. I would imagine you could get a consultation rather quickly on this one.

Also, it would be in your best interest to keep all documentation and call 2 - 3 laws to get a good feel for what they will do on the case.


You have a contract- what's a lawyer say about it?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: