11–20 of 191 posts
Can there be a "Company folded, stock options got bought out from under me without my consent for pennies to give to the people who were buying the remains of said Company" option? If so, price it at $200 dollars, and i'll vote for it. On one of my final days I was handed a check for my shares, because I wasn't going with the new owners, and all stock was to be given to them. Was never asked if I wanted to sell, and…
Can there be a "Company folded, stock options got bought out from under me without my consent for pennies to give to the people who were buying the remains of said Company" option? If so, price it at $200 dollars, and i'll vote for it. On one of my final days I was handed a check for my shares, because I wasn't going with the new owners, and all stock was to be given to them. Was never asked if I wanted to sell, and…
How is that legal?
Can there be a "Company folded, stock options got bought out from under me without my consent for pennies to give to the people who were buying the remains of said Company" option? If so, price it at $200 dollars, and i'll vote for it. On one of my final days I was handed a check for my shares, because I wasn't going with the new owners, and all stock was to be given to them. Was never asked if I wanted to sell, and…
How is that legal?
On the one hand, I was told before that the CEO would be buying out all the outstanding stock of people leaving the company
On the other, I was never presented with any kind of form or bill of sale to sign, which is what I was waiting for so I could contest it and attempt to keep my shares.
At the end of the day, the amount of shares I owned was so incredibly low, that I figured it didn't really matter, and that I was incredibly eager to be done with the whole place after all of the shit I had been through, that it wasn't even worth fighting for.
So on my next to last day, I was simply handed an envelope with a personal check inside, made out to me, for the amount of One Pittance.
Can there be a "Company folded, stock options got bought out from under me without my consent for pennies to give to the people who were buying the remains of said Company" option? If so, price it at $200 dollars, and i'll vote for it. On one of my final days I was handed a check for my shares, because I wasn't going with the new owners, and all stock was to be given to them. Was never asked if I wanted to sell, and…
How is that legal?
There isn't a $60K - $100K option, but that would be me.