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Securities fraud
- In the criminal case, Paxton faces two counts of securities fraud, a first-degree felony with a punishment of up to 99 years in prison, stemming from his 2011 efforts to solicit investors in Servergy Inc. without disclosing that the McKinney tech company was paying him to promote its stock.
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What happened to Texas Attorney General Ken Paxton?
Will Texas Attorney General Ken Paxton drop securities fraud charges?
What are the Articles of impeachment against Texas Attorney General Ken Paxton?
Will Paxton's securities fraud case be dismissed?
- Article 1, Disregard of Official Duty
- Article 2, Disregard of Official Duty
- Article 3, Disregard of Official Duty
- Article 4, Disregard of Official Duty
- Article 5, Disregard of Official Duty
- Article 6, Disregard of Official Duty
- Article 7, Misapplication of Public Resources
- Article 8, Disregard of Official Duty
- Article 9, Constitutional Bribery
- Article 10, Constitutional Bribery
Paxton violated the duties of his office by failing to protect a charitable organization by directing employees to intervene in a lawsuit between the nonprofit Mitte Foundation and Austin real estate investor Nate Paul, a Paxton friend and political donor. “Paxton harmed the Mitte Foundation in an effort to benefit Paul,” the resolution said.
Paxton misused his official power to issue written legal opinions to help Paul avoid foreclosure sales of properties owned by Paul and his businesses. Paxton concealed his actions by soliciting state Sen. Bryan Hughes, R-Mineola, to seek the attorney general’s opinion as a “straw requestor,” the resolution said, adding that Paxton also directed e...
Paxton misused his official power to administer the state’s public information laws by directing employees to act contrary to the law on an open records request for Department of Public Safety documents and in another unspecified case.
Paxton misused his power to administer public information laws to obtain previously undisclosed information held by his office “for the purpose of providing the information to the benefit of Nate Paul,” the resolution said.
Paxton misused his official powers by violating the laws regarding how outside attorneys should be appointed. Paxton hired Brandon Cammack, a lawyer of five years, to investigate a “baseless complaint” made by Paul, who had accused federal and state investigators of improperly searching his home and businesses. Cammack responded by issuing 30 grand...
Paxton violated his duties of office by firing or retaliating against employees in violation of the Texas Whistleblowers Act, which protects public employees who make good-faith reports of potentially illegal action to law enforcement. “Paxton terminated the employees without good cause or due process and in retaliation for reporting his illegal ac...
Paxton misused public resources by directing employees to conduct a “sham investigation” into the whistleblowers’ complaints, leading the attorney general’s office to publish “a lengthy written report containing false or misleading statements in Paxton’s defense.” In August 2021, the attorney general’s office issued an unsigned, 374-page internal r...
Paxton misused his official powers by “concealing his wrongful acts in connection with the whistleblower complaints.” To settle the whistleblowers’ lawsuit, Paxton agreed to pay them $3.3 million from public funds. The agreement “conspicuously delayed the discovery of facts and testimony at trial, to Paxton’s advantage” and deprived voters of the o...
Paxton engaged in bribery in violation of Article 16 of the Texas Constitution when he benefited from Paul’s decision to employ a woman “with whom Paxton was having an extramarital affair.” “Paul received favorable legal assistance from, or specialized access to, the office of the attorney general,” the resolution said.
Paxton engaged in bribery in violation of Article 16 of the Texas Constitution when Paul provided extensive renovations to Paxton’s Austin home. In return, Paul received favorable legal help from Paxton’s agency.
- Chuck Lindell
Mar 26, 2024 · By PAUL J. WEBER. Updated 2:35 PM PDT, March 26, 2024. AUSTIN, Texas (AP) — The criminal case against Texas Attorney General Ken Paxton on securities fraud charges has ended after nine years — a span during which the Republican was reelected twice, impeached and acquitted, and emerged more politically powerful than ever.
Sep 16, 2023 · Texas AG Ken Paxton acquitted on 16 charges in state Senate impeachment trial. By Eric Bradner, Ashley Killough and Ed Lavandera, CNN. 6 minute read. Updated 5:57 PM EDT, Sat September 16,...
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Aug 3, 2023 · He’s accused in two first-degree felony indictments of not telling investors he’d be paid with stock, and that he wasn’t investing his own money. “This alleges a fraud and I’m not sure that in...
- 3 min
6 days ago · Texas Attorney General Ken Paxton, shown here at his impeachment trial in the Texas Senate was acquitted of impeachment charges on Sept. 16, 2023. The FBI continued to investigate Paxton for the same corruption charges underlying his impeachment after the trial, sources tell The Texas Newsroom.
Sep 16, 2023 · In the state case, Paxton faces two counts of securities fraud, a first-degree felony that carries a punishment of up to 99 years in prison, stemming from his 2011 efforts to solicit investors in...
Sep 16, 2023 · The Texas Senate on Saturday acquitted Attorney General Ken Paxton of 16 articles of impeachment alleging corruption and bribery, his most artful escape in a career spent courting controversy...
