Technology Law Blog, IT Law & Articles | Foster Swift

Comparative Summary of Equity Incentive Plans for Private Companies

Nicholas J. Stock II — Wed, 16 Jul 2025 09:00:01 -0400

Equity incentive plans are a powerful tool for encouraging and rewarding a company’s employees and leadership, who may include prospective investors, through different kinds of equity interests and structures. Different structures can present different tax and economic consequences for the company and participants upon grant, vesting, purchase, or later sale.

Closely held businesses vary widely in size, budget, legal and tax structure, sophistication, compensation philosophy, and risk tolerance. Incentive programs therefore also vary widely among closely held and ...

Legal Alert - Imposter LARA Past Due Notices Spring 2025

Nicholas J. Stock II — Thu, 19 Jun 2025 09:00:02 -0400

Beware of a new scam targeting Michigan businesses and individuals. The scam uses fake mailings containing “Annual Statement Past Due” notices.

These notices arrive in plain white envelopes, bear no return address, and contain QR codes for payment of alleged past-due fees.

This scam is an attempt to collect money or sensitive information. While the notices appear official and reference actual business names, Michigan’s Department of Licensing and Regulatory Affairs (LARA) has confirmed that this is a scam. If you receive such a notice, shred it and do not engage with the ...