WATCH LIVE: Charges to be dropped against Texas Attorney General Ken Paxton in securities fraud case

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Texas Attorney General Ken Paxton is expected to strike a deal ahead of his securities fraud trial.

Lawyers for Texas Attorney General Ken Paxton are expected to inform District Judge Andrea Beall of the resolution of Paxton's securities fraud case at a status conference on Tuesday.

But there was no certainty the April trial was still on track. Last week, a final pretrial hearing before a Houston judge was abruptly rescheduled, and both a special prosecutor and one of Paxton's attorneys declined comment Monday on whether the case was going forward or if a deal to settle was possible.

Paxton is accused of defrauding investors in a Dallas-area tech company called Servergy by not disclosing that he was being paid by the company to recruit them. One of the people Paxton was accused of defrauding was former state Rep. Byron Cook. The securities fraud case has hung over Paxton nearly his entire time in statewide office. Yet Paxton, 61, has shown remarkable political resilience, maintaining and growing strong support among GOP activists on the state and national level, including from former President Donald Trump.

Source: Law Daily Report (lawdailyreport.net)

 

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