The Texas Tribune reports:
After years of delays, impeached Attorney General Ken Paxton is finally due back in court Thursday in his securities fraud case. Paxton and his lawyers are set to appear at 9 a.m. in Harris County district court for what records describe as a “non-trial setting.” Paxton was indicted on securities fraud charges months after he first took office in 2015. The case has been delayed for years by pretrial disputes initiated by defense lawyers and prosecutors.
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. Paxton also faces one count of failing to register with state securities regulators, a third-degree felony with a maximum of 10 years in prison.
Read the full article. Today’s is a pre-trial hearing.
— Patrick Svitek (@PatrickSvitek) August 3, 2023
Suspended Texas Attorney General Ken Paxton faces felony charges and is accused of defrauding investors in a tech startup. He was indicted in 2015. https://t.co/0m6C8VWlwk
— The Hill (@thehill) August 2, 2023
— Marcelino Benito (@MarcelinoKHOU) August 3, 2023
Live updates: Texas AG Ken Paxton appears in court in felony securities fraud case https://t.co/aJL0sL99MQ
— Austin Statesman (@statesman) August 3, 2023
Special prosecutor Brian Wice says he’s happy to be back in court in Texas AG Ken Paxton’s securities fraud cases for “what feels like the first time since the Reagan administration.” #txlege pic.twitter.com/AQATLUs3MZ
— Lauren McGaughy 🌟 (@lmcgaughy) August 3, 2023