Deceptions and lies can cause any person or business frustrations and costs. In certain situations, this deceitful behavior can become the basis of a lawsuit allowing for the recovery of damages.
To recover for fraud, the following elements must be proven: Bottom of Form
- A material representation was made.
- The representation was false.
- The speaker knew the representation was false or made it recklessly without any knowledge of the truth and as a positive assertion.
- The speaker made the misrepresentation with the intent that the other party should act upon it.
- The party acted in reliance on the misrepresentation.
- The party thereby suffered injury.
In addition to recovering actual, and even exemplary damages, a party who has been defrauded may, in appropriate circumstances, be able to rescind or void a contract which was entered into as the result of fraud or fraudulent inducement.
Our attorneys have represented both companies and individuals in lawsuits involving alleged fraud and fraudulent inducement. Please call us today if you need legal help with a fraud claim.