Texas AG Paxton Seeks Dismissal of SEC Charges

first_imgTexas Attorney General Ken Paxton asked a federal judge to dismiss recent charges of securities fraud filed against their client by the U.S. Securities and Exchange Commission. In court documents filed Friday, Paxton’s lawyers argue that the SEC’s newest allegations must be thrown out because they do “not alleged sufficient facts to support its theory that Mr. Paxton had a legal duty to disclose any sales commission arrangement . . .You must be a subscriber to The Texas Lawbook to access this content. Password Lost your password? Usernamecenter_img Remember me Not a subscriber? Sign up for The Texas Lawbook.last_img read more