Houston Fraud & Misrepresentation Attorneys
Help for Victims of Fraud & Misrepresentation in Texas & Nationwide
Arnold & Itkin LLP understands that fraud and misrepresentation can pose a serious threat to your business. We have helped many business clients across Texas and the nation to recover damages from fraud—and we leverage our years of experience as trial lawyers to give our clients the best possible representation in difficult legal battles. As with any case we take on, the business lawyers at our firm work hard and act aggressively to maximize our clients' compensation. Our law firm has secured billions of dollars in verdicts and settlements.
In the business litigation world, fraud may occur when a corporation or individual engages in any false or deceptive practice that causes financial harm to another business or person. Unfortunately, virtually anyone can become a victim of business or commercial fraud because people and companies are simply not always honest. During challenging economic times, deceptive practices become increasingly common.
Business fraud occurs in many different forms, including the following:
- Consumer fraud
- Business-to-business fraud
- Fraudulent sales
- Investment fraud
- Fraudulent advertising and marketing
- False representations
- Deceptive trade practices
- Real estate fraud
If your business suffered serious financial loss because of the dishonest actions or communications of another company, or even an individual within your company, you have a right to uncover the truth. You also have the right to file a claim for the damages suffered as a direct result of the fraud. As a business operator, you need to be able to trust your funds are being invested correctly and you will receive goods and services you paid for. When that trust is violated because of deceptive business practices, it can cause serious damage to your company's bottom line.
Commercial Fraud FAQ
What Are Examples of “Commercial Fraud”?
Commercial fraud is essentially any fraud that occurs in the context of a business relationship. This can include investment fraud, real estate fraud, deceptive trade practices, and even fraud committed by consumers against businesses. In each of these cases, it’s advisable that businesses hire an attorney to help them recover the damages.
What Constitutes “Fraud” in a Business Transaction?
People and entities are legally required to present true information relevant to the transaction. In other words, any falsehoods, any lies, or any misrepresentation forms the basis for a fraud lawsuit. This could include a seller lying about the value of a business you acquired, or lying about liens on a piece of property you’ve purchased. Any misrepresentation that leads to financial loss on your part is fraud.
What Counts as a “Deceptive Practice” under the Deceptive Trade Practices Act?
The Uniform DTPA has the broadest possible definition of deceptive trade practices: any activity by an individual or business that misleads or lures the public into a transaction. This could include tampering with the odometer on a used car, utilizing false advertising, or engaging in fraudulent trading. In some cases, victims may be entitled to recovering their losses and punitive damages.
Contact a Houston Business Lawyer Today. Call (888) 493-1629 Now!
If fraud or misrepresentation have damaged your business, you need experienced legal counsel. Arnold & Itkin reviews the details of each case carefully and works with certified fraud examiners, accountants, and other experts to review business statements and related documents to uncover evidence of fraud. Proving that someone has deliberately engaged in fraudulent activity can be difficult, and a successful claim presents a thorough paper trail that outlines what happened, why it was dishonest, and what harm it caused. If you need help with your lawsuit, or simply have questions about your rights in a potential fraud claim, the business attorneys at Arnold & Itkin are ready to help. Call us today.
To learn more about your rights and the options you have after fraud or misrepresentation, contact a Houston business law attorney today: (888) 493-1629.