Quantcast
Connect with us

Texas Attorney General Paxton seeks dismissal of felony charges against him

Published

on

Lawyers for Texas Attorney General Ken Paxton went to a district court on Tuesday seeking to throw out felony charges against him, saying there were problems with the grand jury that handed down the indictments.

Paxton, a Tea Party Republican, was in a Dallas-area court for a hearing on the three charges of securities fraud that could bring up to 99 years in prison. He prayed with his family and supporters before the hearing.

ADVERTISEMENT

Paxton’s lawyers have asked the court in Collin County to quash the indictments, citing District Judge Chris Oldner’s actions in the proceedings. Paxton’s indictment was reported in the media before the results of the grand jury were officially released.

In court papers filed in November, Paxton’s lawyers said there were problems with setting up the grand jury and maintaining the secrecy of its proceedings. The filing also said Oldner “engaged in purposeful and cumulative efforts to subvert the grand jury process” and violate Paxton’s right to due process.

The proceedings, which are being shown live through Internet streaming, began with a Collin County district attorney saying she saw nothing improper in the way the judge handled the grand jury process.

Paxton is facing two security fraud charges related to stock sales and compensation from the Texas technology company Servergy. The company had been under federal investigation for suspected misstatements about orders for its data servers.

ADVERTISEMENT

He is also facing charges he illegally acted as a securities agent for another firm run by a political ally.

When in the state legislature, Paxton was hired to seek clients by investment firm Mowery Capital Management, which is facing allegations from the State Securities Board of defrauding investors.

The board found in May 2014 that Paxton was not properly registered as an investment adviser. It reprimanded him and fined him $1,000.

ADVERTISEMENT

The Texas Democratic Party is calling for Paxton’s resignation and a poll released in August by the Longview-based Texas Bipartisan Justice Committee showed 62 percent of Republicans also think he should step down.

Spokesmen for Paxton have tried to disparage the investigation, which they say is faulty and politically motivated.

(Reporting by Jon Herskovitz; Editing by Bill Trott)

ADVERTISEMENT

Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and legal efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. And unlike other news outlets, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from billionaires and corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you. Click to donate by check.

Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



Report typos and corrections to: [email protected]. Send news tips to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Facebook

Trump aides desperately try to downplay ‘order’ to US companies to leave China

Published

on

Donald Trump's top aides on Sunday downplayed the idea of US companies being forced to abandon China any time soon, as an edict from the president ordering businesses to start looking for alternatives has been met with skepticism.

Treasury Secretary Steven Mnuchin and White House economics advisor Larry Kudlow took to the airwaves from France, where Trump is participating in the G7 summit, to smooth out tensions in the business community prompted by Trump's Friday tweet.

Trump said he has "no plan now" to bring US companies in line, and his aides quickly reinforced the message.

Continue Reading

Facebook

Trump sparks confusion at G7 before doubling down on China tariffs

Published

on

President Donald Trump doubled down Sunday on his hard line against China after sowing confusion with statements that he might be willing to soften a trade war G7 partners fear threatens the world economy.

At the G7 summit in Biarritz, France, Trump announced a major trade deal with Japan and promised more of the same with Britain, once Brexit is done.

But the positives were overshadowed by a mix-up over his apparent expression of regret for the latest escalation in the US-China dispute.

"I have second thoughts about everything," he conceded to reporters when asked if he regretted his decision on Friday to ramp up tariffs on all Chinese imports, worth some $550 billion, in retaliation for Beijing's earlier hike of levies on US goods.

Continue Reading
 

Fox News

G7 wrestles with Iran, Amazon fires and trade, but own unity shaky

Published

on

G7 leaders close their summit Monday with discussion of world problems including the fires ravaging the Amazon rainforest, but overshadowed by President Donald Trump's trade wars and questions over the group's unity.

The summit in Biarritz, a high-end surfers' paradise in southwestern France, saw a dramatic shift of focus Saturday when Iranian Foreign Minister Mohammad Javad Zarif flew in to discuss the diplomatic deadlock on Tehran's disputed nuclear programme.

Zarif's presence had not been expected and it represented a gamble by French host Emmanuel Macron who is seeking to soothe spiralling tensions between Iran and the United States.

Continue Reading
 
 

Thank you for whitelisting Raw Story!

As a special thank you, from now until August 31st, we're offering you a discounted rate of $5.99/month to subscribe and get ad-free access. We're honored to have you as a reader. Thank you. :) —Elias, Membership Coordinator
HELP US UNCOVER CORRUPTION!
close-link
close-image