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How about, company was acquired by public company, employees were convinced to transition options into a promissory note that would eventually convert to more s
by betaCHZ 15y ago
How about, company was acquired by public company, employees were convinced to transition options into a promissory note that would eventually convert to more stock with more value, company folds, employees get sued for value of promissory notes? They tried to sue me for $113,000. We settled for $500 in lawyers fees. Never trust anyone in your company when it comes to this stuff, always get outside legal advise. I've been a millionaire on paper 3 times now?