{"id":17535,"date":"2016-10-13T00:29:47","date_gmt":"2016-10-13T00:29:47","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=17535"},"modified":"2016-10-13T00:29:47","modified_gmt":"2016-10-13T00:29:47","slug":"on-to-securities-fraud-trial-for-texas-ag","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=17535","title":{"rendered":"On to securities fraud trial for Texas AG"},"content":{"rendered":"\n
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\"paxton_060916_002_jpg_800x1000_q100\"<\/a><\/p>\n

Texas Attorney General Ken Paxton took office under a serious cloud.<\/p>\n

Allegations had been leveled at him for securities fraud. Then came a criminal indictment from a Collin County grand jury, comprising individuals\u00a0Paxton used to represent in the Legislature. Indeed, it’s a good bet many of the grand jurors had voted for him when he ran for AG in 2014.<\/p>\n

They indicted him for failing to report that he had benefited from investment advice he had given to clients. This couldn’t be construed seriously\u00a0as a political witch hunt, given that the indictment came from Paxton’s home county.<\/p>\n

He has pleaded not guilty to the charges. Today, though, the state’s highest criminal appellate court — the Court of Criminal Appeals — decided against hearing Paxton’s appeal. The ruling, thus, clears the way for Paxton’s case to head to trial.<\/p>\n

https:\/\/www.texastribune.org\/2016\/10\/12\/court-criminal-appeals-declines-hear-paxton-case\/<\/a><\/p>\n

A federal judge earlier had tossed a Securities and Exchange Commission complaint against Paxton.<\/p>\n

So, let’s decide this matter once and for all.<\/p>\n

According to the Texas Tribune: “Last summer, a\u00a0Collin County grand jury indicted Paxton on criminal charges of securities fraud and failure to register with the state securities board. He is accused of misleading investors in a company from before he took office as Texas’ top lawyer.”<\/p>\n

This isn’t a penny ante case. It involves an individual, Paxton, whose reputation is\u00a0supposed to be above reproach. It’s the position he holds. As the state’s top lawyer, he shouldn’t have this cloud hovering over him. Neither should the state AG’s office, which is really more important to the rest of us than a single politician’s reputation.<\/p>\n

The Tribune reports that a trial could start as early as next spring. If Paxton is convicted, he faces a possible prison term of 99 years.<\/p>\n

My own hope is that a court convene a trial as soon as possible so we can put this issue aside — one way or another.<\/p>\n\n

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Texas Attorney General Ken Paxton took office under a serious cloud. Allegations had been leveled at him for securities fraud. Then came a criminal indictment from a Collin County grand jury, comprising individuals\u00a0Paxton used to represent in the Legislature. Indeed, it’s a good bet many of the grand jurors had voted for him when he … Continue reading On to securities fraud trial for Texas AG<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8,18],"tags":[1064,2652,6130,4177],"class_list":["post-17535","post","type-post","status-publish","format-standard","hentry","category-legal-news","category-state-news","tag-collin-county-grand-jury","tag-ken-paxton","tag-sec","tag-securities-fraud"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/17535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17535"}],"version-history":[{"count":1,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/17535\/revisions"}],"predecessor-version":[{"id":17537,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/17535\/revisions\/17537"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}