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Current as of January 01, 2024 | Updated by Findlaw Staff
In damages under Section 4008.101(b), the purchaser is entitled to recover:
(1) the amount of any consideration paid for the services, less the amount of any income the purchaser received from acting on the services;
(2) any loss incurred by the purchaser in acting on the services provided by the investment adviser or investment adviser representative;
(3) interest at the legal rate for judgments accruing from the date the purchaser paid the consideration; and
(4) to the extent the court considers equitable, court costs and reasonable attorney's fees.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 4008.103. Damages - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-4008-103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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