QUESTION

What is my option

Asked on Jun 20th, 2016 on Business Litigation - California
More details to this question:
My name is Fuli Li. I bought a dental laboratory $100k March 2015. I made a huge mistake bought this business based on what he told me these many years, rather than hire a professional look over all the information. I fund out lately the tax information he provided me is untruthful, because he didn't report the biggest expense-employee wages, which made his net twice higher. I made a mistake, and I am not expecting get everything back. I just want to him pay for the lie, and take the responsibility of leading me used untruthful schedule C got the business loan. Please help me prove this is a true fraud, and let me know your proposal. Thank you very much.
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1 ANSWER

Business Litigation Attorney serving San Diego, CA at Gregory M. Garrison, APC
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If you bought the business based upon misinformation provided to you by the seller you may be able to sue for damages or to rescind the sale.  I need more information.  Call me at 619-708-1628 to discuss.
Answered on Jun 27th, 2016 at 6:44 AM

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