Connecticut  |  Investment Law

Legal Question

Asked on: 8/05/13, 9:59 am


If you have stock in a company that is about to IPO and the company asks you to extend your "right to (not) sell" for 6 months after the IPO because they "want to maximize their share price by only selling company stock" as well as mention that "failure to agree to this could adversely affect the IPO" is there validity to the latter and could agreeing or not (agreeing) to the former affect your personal potential value?

Many Thanks!

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