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A comment on Ask HN: I think my company might be selling. What should I be doing to prepare?. Parent comment

Re:Ask HN: I think my company might be selling. What should ... by opendomain on Monday May 21, 2018 @04:51PM (#17121730)
I have had this happen to me several times as well. This should be illegal
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Re:Ask HN: I think my company might be selling. What should ... by wtvanhest on Tuesday May 22, 2018 @09:15PM (#17130827)
This is one area that YC has been silent, but would benefit the echosystem long-term to step in. They should create guidance on employee friendly terms for equity.
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Re:Ask HN: I think my company might be selling. What should ... by commandlinefan on Monday May 21, 2018 @05:24PM (#17121959)
I think technically it is, but they count on the fact that it would cost twice as much to fight them in court than you could ever hope to get back.
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Re:Ask HN: I think my company might be selling. What should ... by gamblor956 on Monday May 21, 2018 @07:39PM (#17122726)
If those actions constituted a tort, the court can award punitive or treble (i.e., "triple") damages (depending on the jurisdiction), plus legal fees.
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