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Court Holds That Former Broker Did Not Owe Fiduciary Duties To Client Regarding An Investment

By David Fowler Johnson on August 18, 2017
Posted in Cases Decided, Texas Court of Appeals

In Holmes v. Newman, the plaintiff made an investment in a start-up internet company that provided betting tips to gamblers for a fee. No. 01-16-00311-CV, 2017 Tex. App. LEXIS 6177 (Tex. App.—Houston [1st Dist.] July 6, 2017, no pet. history). The defendant, Newman, worked at TD Ameritrade and the…

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