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Can an employer refuse to allow you to exercise privately-held stock options?

Divorce is looming, husband's boss is high school friend, I think they'll say the stock options are worthless & won't be exercisable ever. Can they say that? Is it true? Can the boss hold the stock options forever & not allow them to be exercised?

Public Comments

1. This sounds pretty illegal to me. Better consult an attorney.
2. Depends on how he got them and of his contract. If they are privately held, he can excercise them. As for their worth, they might be very allmostr worthless, depends on the timeframe of the options, and the excercise price.