No individual licensed as an investigations company or a private investigator in this state shall:
(1) In order to obtain employment, knowingly make a material misrepresentation as to the person's ability to perform the investigation required by a potential client;
(2) Make unsubstantiated monetary charges to a client for services not rendered or transportation not utilized;
(3) Knowingly make a false report to a client in relation to the investigation performed for the client;
(4) Continue an investigation for a client when it becomes obvious to the investigator that a successful completion of an investigation is unlikely without first so advising the client and obtaining the client's approval for continuation of the investigation; or
(5) Reveal information obtained for a client during an investigation to another individual, except as required by law.