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Remedies for Defrauded Purchasers of Oil and Gas Interests under the Securities Laws
by Nelson S. Ebaugh
Ebaugh, Nelson S., P.C. - Houston Office
University Of Texas School of Law
Ebaugh, Nelson S., P.C. - Houston Office
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November 25, 2009
Previously published by Texas Journal of Oil, Gas, and Energy Law
on Spring 2006
This Article provides the practitioner with a working knowledge of when an oil and gas interest is considered a security under federal law, Texas law, or both. Then it examines the private rights of actions available to defrauded investors under federal and Texas law. Particular attention is given to the significant differences between the Texas Securities Act and the federal securities laws. The Article concludes by identifying which law typically provides the most relief to defrauded investors.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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