Experienced Lawyers For Breach Of Fiduciary Duty Defense
It can be challenging to provide a comprehensive definition of fiduciary duties. Generally, individuals who take on fiduciary duties are in roles as officers, directors, agents, executors, administrators or trustees, and each is referred to as the fiduciary. When they fail to perform their roles as expected, they may be considered negligent or criminally liable.
Being accused of breach of fiduciary duty can be a serious legal predicament, possibly leading to an arrest, high fines and a criminal record. You deserve help to fight for your future if you are facing this challenge. The lawyers at Daniel & Halstead have more than 65 combined years of experience. They are very familiar with the district attorneys in this region and consistently build strong defense strategies for clients throughout Bexar, Kerr, Gillespie and Kendall counties and beyond.
Understand What Breach Of Fiduciary Means
In Texas, the elements of a breach of fiduciary duty claim are as follows:
- A person intentionally, knowingly, or recklessly misapplies property, which may be money, real estate or other types.
- They mishandle the property that they hold as a fiduciary or property of a financial institution.
- Their failure to manage funds or property properly may pose a substantial risk of loss to the owner of the property or to a person for whose benefit the property is held.
The breach of fiduciary duty statute of limitations is seven years in Texas. This means the prosecutor must return an indictment no more than seven years after the breach of fiduciary duty cause of action accrued. Since it can be hard to pinpoint when the breach of fiduciary duty began, it may be necessary for a lawyer to help determine when that date was. This information may become a key part of your defense if your charges come too late.
Turn To The Firm For Advocacy That Works
Texas judicial systems place severe responsibility on those with the title of fiduciary. If someone has or may allege that you have breached a fiduciary duty, you need an experienced criminal defense attorney to protect your rights through the related legal processes.
The firm’s attorneys understand the significance of relationships between investors, partners and shareholders. They know that any claims of fiduciary liability can be complex. A lawyer who is experienced in both defending against and prosecuting these claims can be a strong asset. Attorneys Doug Daniel and Woody Halstead have that depth of knowledge.
Charged With Breach Of Fiduciary Duty? Act Now.
If you have been accused of a breach of fiduciary duty by making improper investments in Texas, it is important to seek the help of a skilled attorney without delay. The firm’s lawyers have the experience and knowledge to protect you from unfounded or exaggerated claims.