Has anybody taken legal action against their employer

marliepanda

Malthusian wrote: »

The expression is "hiding to nothing" but does not mean what I think gettingtheresometime meant by it. It does not mean "a hopeless case". It means that you have everything to lose (a hiding, i.e. a beating) and nothing to gain. E.g. when Man U plays Paulton Rovers in the FA Cup; when you are so heavily favoured that victory brings no glory and defeat means total humiliation.

The OP does have something to gain but the odds of getting it are extremely slim based on the facts presented. "Peeing in the wind" or similar would be the expression GTST was looking for.

The internet disagrees with you...


be on a hiding to nothing
phrase of hiding
1.
BRITISH
be unlikely to succeed, or be unlikely to gain much advantage if one does.
"politically we are on a hiding to nothing in the long run"

dictionary.cambridge.org/dictionary/english/be-on-a-hiding-to-nothing
be on a hiding to nothing meaning, definition, what is be on a hiding to nothing: to be trying to do something when there is no chance that you will succeed.

ReadingTim

A share option is the option to purchase shares at a set price at a specific point in the future. At the time the option vests and becomes exercisable, if the share price is higher than the option price, you make money: eg option price £1, share price £4, profit per share £3. The option is said to be 'in the money'.

However, if the option price is higher than the share price, you won't. eg option price £1, share price 50p - you'd lose 50p per share, so you don't exercise: why pay £1 for something which you could buy elsewhere for 50p?!? The options are said to be 'under water'.

You left before the options became exercisable. You don't know what the share price will be when they do become exercisable, so don't know if they're in the money or under water, and you have "lost" any money/profit.

You cant sue on the basis of 'what might have been'...Furthermore, the rules of the share scheme you are a member of will be very clear what happens to the options if you resign. They lapse. End of.

seashore22

Malthusian wrote: »

The expression is "hiding to nothing" but does not mean what I think gettingtheresometime meant by it. It does not mean "a hopeless case". It means that you have everything to lose (a hiding, i.e. a beating) and nothing to gain. E.g. when Man U plays Paulton Rovers in the FA Cup; when you are so heavily favoured that victory brings no glory and defeat means total humiliation.

The OP does have something to gain but the odds of getting it are extremely slim based on the facts presented. "Peeing in the wind" or similar would be the expression GTST was looking for.

That's why I posted my link. It means exactly what gettingthere meant it to.