Ken Paxton was accused nearly a decade ago of defrauding investors at a Dallas-area tech company. He had pleaded not guilty before reaching a deal Tuesday.
Texas Attorney General Ken Paxton speaks to reporters on Feb. 26 in Washington following oral arguments before the U.S. Supreme Court to determine whether Florida and Texas social media laws can stand. HOUSTON — Texas Attorney General Ken Paxton , a conservative firebrand acquitted last year in a historic impeachment trial, has reached an agreement with prosecutors to avoid trial on long-standing state felony securities fraud charges.
Under the agreement reached in Harris County district court on Tuesday, prosecutors would dismiss felony charges against Paxton if he successfully completes community service and advanced legal education classes and pays restitution of about $300,000. He had previously pleaded not guilty.Paxton, 61, did not have to formally enter a plea or testify Tuesday.
Paxton also had faced U.S. Securities and Exchange Commission charges, but those were dismissed by a federal judge in 2017. He still faces an ongoing FBI investigation into accusations of corruption related to a wealthy donor, which also figured in his impeachment trial. Paxton is fighting efforts by former aides to compel him to testify in a state whistleblower lawsuit that includes allegations that triggered his impeachment by the Texas House.
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