Legal Question in Employment Law in California
In pro per
I was employed as an independent contractor by a company and received a fully vested stock option in payment. Later I became an employee of the company. Upon termination, the company voided my vest stock option becasue I did not exercise my option with 60 days of termination as an EMPLOYEE. The stock might have a value of about $25K. Since I don't have much money, I want to file a lawsuit ''in pro per''. I am good enought to do this with a good model and some advice on where to file it. Please tell me where to look on the internet to see some typical lawsuit wording and advice on the court of jurisdiction.
Thanks
1 Answer from Attorneys
Re: In pro per
If the stock option you have specifies that it must be exercised within a certain period of time and you did not exercise it, there is probably nothing you can do. This question falls both into employment and into the general category of securities, which are highly regulated. Your employer most likely has no flexibility for making exceptions to the terms of the option, and likewise has little flexibility in varying the terms of an employee benefit which must be administered in a non-discriminatory manner.
Before you spend a great deal of time researching and putting together a law suit, I strongly suggest that you at least have a consultation with an attorney experienced in this area. Such an attorney could tell you very quickly whether you are wasting your time, and what would be involved if you decide to proceed.
You can find the name of such an attorney by calling your local bar association's attorney referral service (usually listed in the white pages by county name). Explain your question to them and they should be able to refer you to someone who will give you a consultation at a nominal fee.