Are you searching for information on holding a business person accountable for misrepresentation in San Diego? Misrepresentation is essentially an attempt to lie about any aspect of a transaction or the failure to disclose known liabilities or potential issues which would affect the decision of another party. Misrepresentation is an unfair business practice in San Diego which opens the door to extensive and expensive legal and financial exposures.
What, In Essence, Constitutes Misrepresentation?
Why do you need a skilled attorney if you are interested in holding a business person accountable for misrepresentation in a business setting? Why is the fact that misrepresentation is an unfair business practice in San Diego relevant from a legal perspective? The law in California requires our attorneys to prove the person responsible for the misrepresentation or failure to disclose has taken three specific steps:
- They knew the information was false or presented in a false light or knew about the defect(s), liabilities or issue(s) which were concealed
- They intended for you to rely upon the misrepresentation in order to entice you to agree to the transaction
- You, in fact, did rely upon the misrepresentation or failure to disclose in order to make your decision
Misrepresentation Doesn’t Always Involve a Lie
It is an important distinction to note misrepresentation does not require false or untrue information or actions. For example, the owner of a presently successful business may know of a new invention or competitor which will affect the viability of their business in the future and fail to disclose it. They may know their company is about to lose a substantial customer or important contracts are not likely to be renewed.
Misrepresentation is an Unfair Business Practice in San Diego and Opens the Door to Extensive Financial Exposure
Misrepresentation is an unfair business practice in San Diego and opens the door to extensive financial exposure. Almost every business lawsuit is going to include allegations of an unfair business practice. These allegations can open the door to extensive financial risk including six or seven figures in legal fees. When defending our clients we work to immediately challenge and dismantle claims of unfair business practice.
Holding a business person accountable for misrepresentation in San Diego is a challenging legal bar which requires experience and legal skill. The Watkins Firm has served the San Diego business community for more than 35 years. Our attorneys will investigate what has happened and martial the necessary resources to prove the three prongs of misrepresentation or failure to disclose and hold the perpetrator accountable in any business or civil matter.
If you are concerned about failure to disclose or misrepresentation in San Diego or Southern California we invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
