Stock prices have been moving upward for years. From the perspective of some observers, including those who possess a minimal level of experience in the financial markets, there is no end in sight. To them, downturns in the stock market are nothing but a distant memory. Confidence reigns supreme! Regrettably, some stockbrokers have unfairly taken advantage of these dynamics. Stated otherwise, dishonest financial advisers have employed unethical practices so as to capitalise on the robust level of confidence that exists among stock market participants. Succinctly put, they have gone to great lengths to portray themselves as seasoned investment professionals, but in reality, they have regularly imparted investment advice that can scarcely be viewed in a respectable light. All too often, they have disregarded the professional obligations they maintain by steering clients into stocks that carry too much risk. And, significantly, they have not disclosed such risks.
If a stockbroker acts in an intentionally deceptive manner, he – no doubt – engages in securities fraud. Significantly, however, the Texas Securities Act provides for liability even if the underlying misrepresentations or half-truths are completely devoid of fraud. Granted, hard core fraud can make a case more compelling, but it does not serve as a prerequisite to a financial recovery. In Texas, liability can stem from negligent misstatements.
Over the years, manyTexas investors have fallen prey to dishonest stockbrokers. In the process, they have become victims of securities fraud in Texas. Nonetheless, consistent with the discussion set forth above, Texas law recognizes that financial losses resulting from advice that is carelessly formulated can have equally devastating consequences. To that end, it may provide for a financial recovery even if the evidence establishes nothing more than ordinary negligence.
If you live in Texas and you are in need of an experienced, successful investment fraud lawyer, contact Chris Bebel. He is a veteransecurities lawyer who has repeatedly targetedfinancial adviser fraud in Texas. Once he “rolls up his sleeves” and digs into the case, he may determine that the underlying losses are not the product of fraudulent conduct, but as previously noted, that will not bar a recovery.
Chris Bebel has been focusing on securities fraud cases for over 30 years. Along the way, he has served as a federal prosecutor and an SEC attorney. Plus, he is the author of various securities fraud publications. Mr. Bebel works closely with Bradley Ellison, a retired U.S. Air Force master sergeant who has earned three graduate degrees. It is important to understand that the number of cases Mr. Bebel has rejected greatly exceeds the number of cases he has accepted. Consequently, it is important that you highlight any facts that may warrant special attention.
Based on the extensive trial experience he amassed while serving as an Assistant U.S. Attorney, Mr. Bebel is no stranger to the courtroom. To the contrary, he eagerly embraces the advantages that are offered by a courtroom setting. Viewed in that light, it is fair to say that the scope of his practice differs substantially from securities lawyers who lack trial experience — and thus confine their work to the securities arbitration arena. The depth and breadth of his experience makes Chris Bebel a uniquely qualified investment fraud attorney. If you, or perhaps your parents, are a victim of financial adviser fraud, reach out to Chris Bebel, a distinguished Texas investors attorney who has repeatedly capitalized on his knowledge of the written and unwritten rules governing the securities industry while building a record of success. And remember, a so-called securities fraud attorneycan utilize Texas law to win a case regardless of whether fraud is actually proven.