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SEC files amended charges against AG Ken Paxton

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SEC files amended charges against AG Ken Paxton


The Securities and Exchange Commission's Friday decision is the latest blow to Attorney General Ken Paxton, who's been under a legal cloud for more than a year. 
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by Patrick Svitek  Oct. 21, 2016  4:21 PM
 

Texas Attorney General Ken Paxton entered a federal courthouse in Sherman on Sept. 2, 2016. Paxton's lawyers argued in a hearing that the federal civil fraud case against him should be dismissed. Texas Attorney General Ken Paxton entered a federal courthouse in Sherman on Sept. 2, 2016. Paxton's lawyers argued in a hearing that the federal civil fraud case against him should be dismissed.

Texas Attorney General Ken Paxton entered a federal courthouse in Sherman on Sept. 2, 2016. Paxton's lawyers argued in a hearing that the federal civil fraud case against him should be dismissed.   Cooper Neill for The Texas Tribune


The U.S. Securities and Exchange Commission is not giving up on its case against Attorney General Ken Paxton.

The commission filed amended civil charges against Paxton on Friday, two weeks after a federal judge dismissed the case. Paxton, who is also fighting similar criminal charges at the state level, is accused of misleading investors in a company years ago.

"We are disappointed by the SEC’s decision to continue this case, given the court’s opinion and the clear infirmities the court found with the commission’s original complaint," Paxton lawyer Matthew Martens said in a statement. "We will evaluate the revised complaint and respond accordingly.”

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https://www.texastribune.org/2016/10/21/sec-files-amended-charges-against-ag-ken-paxton/

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