October 21, 2016
The U.S. Securities and Exchange Commission on Friday lodged an amended complaint against Texas Attorney General Ken Paxton over stock sales referrals, signaling the agency's refusal to drop the case despite a Texas federal judge's conditional dismissal two weeks ago.
October 07, 2016
A Texas federal judge on Friday dismissed a fraud suit brought by the U.S. Securities and Exchange Commission against Texas Attorney General Ken Paxton over stock sales referrals, saying Paxton wasn't obligated to tell investors that he would earn commissions by recruiting them.
September 02, 2016
A skeptical Texas federal judge on Friday compared the U.S. Securities and Exchange Commission's fraud case against Texas Attorney General Ken Paxton to "a square peg in a round hole," and asked whether it stretches securities laws beyond what they're intended to cover.
July 18, 2016
The Texas attorney general on Friday argued that the U.S. Securities and Exchange Commission can't prove he violated securities laws by promoting a technology company's stock because he didn't have a duty to disclose to investors that he was being compensated for the promotions.
July 06, 2016
The Securities and Exchange Commission on Tuesday hit back at the Texas Attorney General's attempt to dodge claims that he violated securities laws by promoting a technology company's stock without disclosing to investors that he was being compensated, saying it has laid out enough facts to move forward.
June 09, 2016
Texas Attorney General Ken Paxton on Thursday moved to dismiss a U.S. Securities and Exchange Commission suit alleging that he violated securities laws by promoting stock to investors without disclosing that he was paid commissions, saying he had no duty to disclose.
April 12, 2016
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.