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<p>[QUOTE=&quot;Sallent, post: 2462368, member: 76194&quot;]I don&#039;t know about Texas, but here in Florida there is such a thing as &quot;bad investment defense.&quot; Meaning that absent a showing of fraud, just because you lost money doesn&#039;t mean you are entitled to compensation. If the other party followed the contract, there was no fraud or misrepresentation, and you took a risk and lost money in your investment, that is not an actionable cause and you do not have a right to recover damages.</p><p><br /></p><p><b>I&#039;m sure the Florida Bar would appreciate it if I stated the following disclaimer right about now. </b>Please bear with me, as I do not fancy getting a call from the Florida Bar over this<b>:</b></p><p><br /></p><p><u><b>I am not licensed in Texas</b></u>, I do not have the facts of this case, and any opinion I give here in this thread is<b><u> a personal opinion and should NOT be construed as legal advise</u></b>, <u><b>NOR does it constitute a promise of retention of services or actual retention of services</b></u>. Hiring an attorney is a personal responsibility that should not be taken lightly and you have the right to seek advise from multiple attorneys and carefully weighting all options before retaining counsel licensed to practice law in Texas.[/QUOTE]</p><p><br /></p>

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