O’Brien Law Firm sues cybersecurity startup over 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. In the fall of 2022, the parties settled the dispute on confidential terms.

From our blog

Go to the blog
Kerry O’Brien quoted in Harvard Crimson for article about non-payment to workers

Texas employment attorney Kerry O’Brien was recently interviewed for and quoted in an article by the Harvard student-run newspaper, the Harvard Crimson, concerning a company’s failure to pay and communicate with its workers after an acquisition. That article is ‘Ghosted’: Clients, Mentors Seek Money and Answers from Harvard Dropout’s College Admissions Startup, published March 24. […]

Read More
Kerry O’Brien selected as a 2023 Texas Super Lawyer

Super Lawyers by Thomson Reuters is the premier attorney recognition publication in the legal profession. Kerry O’Brien of the O’Brien Law Firm was just named a 2023 Texas Super Lawyer. The Super Lawyers organization selects lawyers based on a multi-step process, which includes nominations by other lawyers, peer ratings, and research by the organization to […]

Read More