When Texas Attorney General Ken Paxton’s returns to court over felony securities fraud charges he’s been facing for nearly a decade, it will put him the closest he’s ever been to standing trial in the case
Texas Attorney General Ken Paxton was expected back in court Tuesday and closer than ever to standing trial on felony securities fraud charges that have shadowed the Republican for nearly a decade. But there was no certainty the April trial was still on track.
Paxton is accused of defrauding investors in a Dallas-area tech company called Servergy by not disclosing that he was being paid by the company to recruit them. One of the people Paxton was accused of defrauding was former state Rep. Byron Cook. Paxton is charged with two counts of securities fraud and one count of not being registered as an investment adviser. He has pleaded not guilty. The two securities fraud counts carry a potential sentence of up to 99 years in prison.
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