Tex. Gov't Code Section 4008.103

In damages under Section 4008.101 (Investment Adviser or Investment Adviser Representative Liability)(b), the purchaser is entitled to recover:


the amount of any consideration paid for the services, less the amount of any income the purchaser received from acting on the services;


any loss incurred by the purchaser in acting on the services provided by the investment adviser or investment adviser representative;


interest at the legal rate for judgments accruing from the date the purchaser paid the consideration; and


to the extent the court considers equitable, court costs and reasonable attorney’s fees.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.

Source: Section 4008.103 — Damages, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­4008.­htm#4008.­103 (accessed Nov. 25, 2023).

Nov. 25, 2023

§ 4008.103’s source at texas​.gov