Texas AG Paxton Slams Bid To Pause Securities Trial

Law360, Los Angeles (March 13, 2017, 10:49 PM EDT) -- Texas Attorney General Ken Paxton on Monday hit back at a recent bid made by special prosecutors to delay a spring trial to determine whether he committed securities fraud by soliciting investments for a tech startup, saying the request violates his right to a speedy trial.

Last week, the special prosecutors tapped to pursue fraud charges against Paxton in connection with investments in Servergy Inc. said they haven’t been paid in more than a year due to an ongoing legal battle with developer Jeff Blackard who is suing to block payment. Paxton said their request to delay the May 1 trial...

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