Prosecutors announced an agreement with Texas Attorney General Ken Paxton that would ultimately dismiss securities fraud charges he has been facing for nearly a decade. Here are the terms of the deal.
Prosecutors on Tuesday announced an agreement with Texas Attorney General Ken Paxton that would ultimately dismiss securities fraud charges he has been facing for nearly a decade.Under the 18-month pre-trial agreement, the special prosecutors in the case would drop three felony counts against Paxton. As part of the deal, Paxton must pay full restitution to victims — roughly $300,000 — and must also complete 100 hours of community service and 15 hours of legal ethics education.
PREVIOUS: Ken Paxton’s securities fraud trial will remain in Houston, court rulesHe is also fighting efforts by former top aides to make him testify in a whistleblower civil lawsuit that also includes allegations central to the impeachment.The securities fraud case has hung over Paxton nearly his entire time in statewide office.
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