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O’Brien Law Firm sues cybersecurity startup over $2.1 million equity dispute

On May 20, 2021, the O’Brien Law Firm sued an Austin-based cybersecurity startup on behalf of two former employees who claim that the company failed to recognize their equity interests in the company for purposes of a buyout opportunity during a recent significant private equity investment round. O’Brien’s clients claim that had their interests been recognized, they would have been entitled to a combined $2.1 million equity buyout as part of the investment event. After filing suit, the parties moved the dispute to arbitration per the terms of the company’s arbitration dispute resolution plan.

UPDATE: In the fall of 2022, the parties settled the equity dispute on confidential terms.

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O’Brien files second lawsuit against Equifax for unpaid sales commissions

On May 13, 2024, the O’Brien Law Firm filed a second lawsuit on behalf of a former sales representative for Equifax, for over $356K in unpaid commissions. After the federal government passed the Employee Retention Credit (ERC) in response to the COVID-19 pandemic, Equifax saw an opportunity to help companies audit their records to identify […]

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