Securities Fraud Charges Dropped Against Texas AG Ken Paxton in $300,000 Restitution Deal

Published on March 26, 2024

Texas Attorney General Ken Paxton scored a major legal and political victory on March 26, as prosecutors dropped a long-running securities fraud case against him in a $300,000 restitution deal with no admission of guilt. “Look, we’re glad to have this matter behind [us]. This case has been pending longer than the Beatles were together—literally,” Mr. Paxton’s defense attorney, Dan Cogdell, told reporters outside a Houston courtroom on March 26. “It’s been nine years, and today marks the end of what, in our opinion, should have happened a long time ago,” he added. Mr. Paxton’s legal drama began in 2015 when he was indicted on three felony securities fraud charges that carried a possible sentence of life in prison. He was accused of defrauding investors in a Dallas-area tech company called Servergy by not disclosing that the company was paying him to recruit them....

Continue reading on website
Other news

NTSB Holds Media Briefing on Francis Scott Key Bridge

March 26, 2024
The National Transportation Safety Board (NTSB) holds a media briefing at 1:00 p.m. ET on March 26 on the Francis Scott Key Bridge being struck by a cargo ship....

California’s TB Cases Are on the Rise, but It’s Probably No Cause for Alarm

March 26, 2024
California’s tuberculosis cases have been increasing steadily since 2020, according to data from the state’s Department of Public Health.The department reported a 24 percent increase in TB cases since 2020, with a 15 percent jump from 2022 to 2023. That brought total cases to 2,113 in 2023.TB is a disease that spreads through the air and is caused by a bacteria called mycobacterium TB. It primaril