WSG Article: What, Me Worry? - Haynes and Boone, LLP
Haynes and Boone, LLP
November 7, 2003 - Dallas, Texas
What, Me Worry?
by William D Greenhill
Attorneys and other service providers who deal with securities may unwittingly become liable for aiding and abetting violations of the Texas Securities Act.
Introduction:
A recent decision from the Fort Worth court of appeals should concern anyone who deals with securities transactions, because the burden of proof for imposing liability on a person as an aider and abettor under the Texas Securities Act (“TSA”) just became a little easier.
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