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A comment on Lambda School fined $75k by CA for operating without state approval [pdf]. Parent comment

Re:Lambda School fined $75k by CA for operating without stat... by austenallred on Monday July 29, 2019 @12:53PM (#20556669)
The thing about running a startup is you have enough problems to solve you really don't want to create new ones.
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Re:Lambda School fined $75k by CA for operating without stat... by bufferoverflow on Monday July 29, 2019 @02:11PM (#20557550)
It's the job of your attorney. It's possible all it takes is one strongly worded letter and they will settle.
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Re:Lambda School fined $75k by CA for operating without stat... by codegeek on Monday July 29, 2019 @03:23PM (#20558386)
May not be that simple. Attorneys understand the "send a threat letter and hopefully they will settle" model well. Also, their current attorney will probably charge just to send that letter.
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Re:Lambda School fined $75k by CA for operating without stat... by Alupis on Monday July 29, 2019 @05:46PM (#20559799)
> Also, their current attorney will probably charge just to send that letter.

Surely not $75,000 for a letter. A few hundred, yes.

Recouping even $5,000 (in a "f u, go away please" payment) would be a big win for a scrappy startup, no?

Their old law firm probably would prefer not to be drug around town making it known they gave very wrong, and very costly advice. They'd prefer the matter just went away. Those conditions are ripe for a quick settlement.

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