Securities Fraud Cases Pose Strategy Dilemma For Texas AG
By Jess Krochtengel (April 12, 2016, 10:22 PM EDT) -- The U.S. Securities and Exchange Commission's new fraud claims against Texas Attorney General Ken Paxton compound a strategy dilemma for the state's top lawyer as he fights related criminal charges, leaving his defense team with the choice of seeking a quick end to both cases or dragging out the process.
Paxton, under indictment in state court for alleged criminal securities fraud violations, was hit Monday with what his defense lawyers have called a "copycat" federal civil suit stemming from work he did before winning a seat as the attorney general.
He's accused of promoting the stock of a Texas-based technology company without...
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