Elements.  The elements of negligent misrepresentation are: (1) the representation  is made by a defendant in the course of his business, or in a  transaction in which he has a pecuniary interest; (2) the defendant  supplies 'false information' for the guidance of others in their  business; (3) the defendant did not exercise reasonable care or  competence in obtaining or communicating the information; and (4) the  plaintiff suffers pecuniary loss by justifiably relying on the  representation.  Henry Schein v. Stromboe, 102 S.W.3d 675, 686 (Tex. 2002).

Statute of Limitations.  The applicable limitations for negligent misrepresentation, is two years. HECI Exploration Co. v. Neel, 982 S.W.2d 881, 885 (Tex. 1998); Tex. Civ. Prac. & Rem. Code § 16.003(a)