Double Jeopardy Doesn't Apply In Texas AG Case, State Says

By Jess Krochtengel (November 12, 2015, 7:27 PM EST) -- Prosecutors in the securities fraud case against Texas Attorney General Ken Paxton on Thursday rejected his argument that double jeopardy bars one of the charges against him, saying an administrative fine does not preclude criminal liability for the same action.

Prosecutors also took aim at Paxton's argument that the case against him should be dismissed because it was not referred to prosecutors by the Texas State Securities Board, which in 2014 fined the then-candidate for attorney general $1,000 for failing to register as an investment adviser. They said Thursday that while the Texas Securities Act gives the TSSB and AGs office...

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