Texas Attorney General Ken Paxton is nearing a resolution to the 9-year-old securities fraud charges that have dogged his tenure as the state’s top attorney through a special agreement with prosecutors, the American-Statesman has learned.
Under a draft agreement, prosecutors would dismiss felony charges against Paxton if he successfully completes the terms of the deal, according to three sources familiar with the negotiations.
¯\_(ツ)_/¯
This was a state case though. In Harris County court.
There’s Texas state laws about security fraud:
https://statutes.capitol.texas.gov/docs/PE/htm/PE.32.htm
I doubt the federal government deals with all security fraud, it’s a pretty broad category. Probably would have to involve interstate commerce or publicly traded companies to be a federal issue. I am not an expert though.
Well that’s super convenient for ol’ Ken, isn’t it?
I appreciate your replies, thank you!