Business fraud involves an individual or business entity’s intentional deception of another to profit or gain an advantage. Anyone involved in commercial transactions and contractual relationships face inherent risks related to fraud, including fraud that comes from within an organization and its employees, as well as fraud involving other parties. Because fraud creates significant threats to a business and its financial solvency, taking appropriate steps to pursue legal remedies and compensation for any losses is critical to success. Additionally, for those who stand accused of corporate or business fraud, threats to one’s personal reputation and future make legal counsel a top priority.
At Hendershot, Cannon & Hisey, P.C., our Houston-based practice focuses heavily on protecting businesses against fraud, breach of fiduciary duty, misrepresentation, and losses through proactive counseling and the development of clear and enforceable contracts. We also protect the interests of businesses across Texas when litigating to remedy the situation or defend against accusations.
Business fraud can jeopardize your most important assets, information, and business. Learn how our industry leading business attorneys can help when you call (713) 909-7323 for an initial consultation.
Business fraud takes many forms, which is why it is critical businesses work with attorneys who have the breadth of experience needed to handle and address a range of issues. From internal theft and deception within company ranks to contractual breaches caused by misrepresentation and fraudulent conduct of third parties, we handle the full range of cases. These include, among others:
When a party enters into an agreement by making a representation of a false material fact, they can be held liable for damages.
To prove fraud and prevail in a claim, several elements must be established:
It is important to note a defendant can also be guilty of fraud involving the deliberate failure to disclose a substantial material fact. In these cases, it must be proven that the undisclosed material fact created a false impression which was relied upon by the plaintiff and ultimately resulted in damages. Representations of material facts defendants knew to be true (as innocent or negligent misrepresentation) may also be grounds for legal remedy. These forms of misrepresentation lack a deliberate intent to deceive the plaintiff and are handled differently.
Proving fraud and misrepresentation requires a meticulous evaluation of the facts and circumstances surrounding your business, professional relationships, contracts, and transactions. It also necessitates the gathering of evidence to prove a defendant’s intent, which may be highlighted through subsequent acts made after a false material fact was represented. Our team thoroughly explores our clients’ situations to help them determine their available options, crafts strategies to secure the results they need, and litigates when necessary.
Hendershot, Cannon & Hisey, P.C. has solidified our reputation as experienced and zealous advocates for businesses across Texas. If you wish to take a stand against fraud with our proven Houston-based attorneys, or are currently facing investigations or allegations related to fraud, we are readily available to discuss your rights and options during an initial consultation. Contact us to get started.