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> Adchemy named each of AdGrok’s co-founders personally in the suit, meaning that if they lost, the founders would be personally liable. The amounts involved in
by rsp1984 2y ago
> Adchemy named each of AdGrok’s co-founders personally in the suit, meaning that if they lost, the founders would be personally liable. The amounts involved in the suit effectively meant that all three co-founders would have been financially ruined.
I've been there too. Named personally. I think most people don't realize how stressful and damaging this is. In most cases it's because there's some kind of well-intentioned but vaguely formulated law or act that, if real events are twisted by just the right amounts, would apply and imply personal liability.
From that point on the game that the litigators play is to try and shoehorn each and every of your past statements or actions to fit the law in question and your job is to find as much evidence to the contrary, which might go many years back. In records that you almost certainly no longer have. While running a company.
This practice of putting founders personally in a lawsuit is an absolute disgrace and it needs to stop. The damage done by vague laws and litigators who ruthlessly exploit them are a very large multiple higher than any of the benefits that could possibly be derived from them. The only winners in this game are the law firms.
- jonstewart 2y agoEarly in my career I was named personally in a lawsuit against my employer (filed by a customer who’d been promised features that hadn’t been delivered) and it was a powerful lesson to me to be circumspect in my email and careful of my reputation. Fortunately the lawsuit went away and didn’t cause me much stress after that initial shock.