All Andy Trader wants is his twelve million bucks.
A Zynga cofounder, he left the company last year.
This summer, he decided to sell about $12 million of his Zynga shares on a private market.
Zynga blocked the sale, and told Trader that former employees would only be able to sell stock 180 days after Zynga's IPO.
Now Trader is suing, reports the Mercury News.
The company, by the way, used to describe Trader as a cofounder. Now it calls him a former employee.
Lately, lots of mature startups have gotten into conflicts with current and former employees trading their stock on private markets.
Last fall, Facebook fired one of its M&A guys, Mike Brown, when Brown broke company rules buying Facebook stock on a private market.
Bloomberg BusinessWeek just reported that Twitter investor Ron Conway will berate former Twitter employees if they sell their stock through private markets instead of selling it to his fund. We've heard Twitter is paranoid about the types of funds that buy stock through these second markets. Also, it doesn't want its shareholder count to pass 500, at which point the SEC would force it to disclose its financials.
Don't miss: How Zynga's Latest Game Makes So Much Money
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