May 23, 2019
The government has asked a Texas federal court to remove a San Antonio law firm from a dispute over the assets of a businessman convicted of helping to run a Ponzi scheme, saying the firm has no direct claim over the property at issue in the case.
September 11, 2018
A Texas federal judge sentenced the former CEO of a fracking sand company to 15 years in prison Tuesday after he pled guilty to fraud charges related to a Ponzi scheme that also involved a state senator, according to the U.S. Department of Justice.
June 26, 2018
Former Texas state Sen. Carlos Uresti, a lawyer who was convicted of securities fraud stemming from his alleged role in a fracking-related Ponzi scheme, was sentenced by a federal judge in Texas on Tuesday to 12 years in prison.
April 05, 2018
A Texas federal judge on Thursday denied that he acted with bias during a jury trial, rejecting the request for a new trial from a state senator and attorney who was found guilty of securities fraud stemming from his alleged role in a fracking-related Ponzi scheme.
February 22, 2018
A Texas state senator who is also a San Antonio attorney was convicted by a federal jury Thursday of securities fraud and other charges stemming from his alleged role in a fracking-related Ponzi scheme.
January 09, 2018
A former CEO of a fracking-sand company pled guilty to fraud charges related to a Ponzi scheme Monday in Texas federal court, where a state senator and a consultant remain set to face trial next week in the case.
January 01, 2018
Three Texas lawmakers face criminal trials in 2018, a year that will also be marked by a major white collar health care fraud trial in Dallas and appellate decisions on who can bear the blame for an alleged $1 billion Medicaid fraud and a first-of-its-kind question about whether Texas extends attorney-client privilege to nonlawyer patent agents. Here, Law360 highlights cases worth watching in 2018.
November 15, 2017
Texas federal prosecutors said Wednesday that a securities litigator set to be called as a trial expert for a Texas state senator charged with securities fraud should be blocked because he intends to make a series of impermissible legal conclusions on the stand.
October 18, 2017
Next week's planned trial of a Texas state senator for fracking-related securities fraud was abruptly called off by a judge Wednesday — over the strident objections of the lawmaker — after a co-defendant's lawyer announced he could no longer ethically represent his client.
October 03, 2017
A Texas federal court on Monday denied a state senator's bid to toss a charge that he had failed to register as a securities broker from the 22-count criminal securities fraud indictment against him over investments in a fracking sand company.