Note:
Tanya
Patterson, Worth the Risk: Heightened Securities Liability
for Lawyers Who Invest in Their Clients, 80 TEXAS L. REV.
639 (2002).
Abstract:
During
the technology boom of the late 1990s, many lawyers invested in
their clients. This
Note discusses why lawyers have made such investments then
explores the potential liabilities that lawyers investing in
clients face under the Securities Act of 1933 and the Securities
and Exchange Act of 1934. Then,
this Note offers some suggestions to aid lawyers in avoiding
this increased liability if they choose to invest in their
clients.