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Texas AG Ken Paxton Cleared Of Decade-Old Securities Fraud Charges

A banner announces the impeachment trial for Texas Attorney General Ken Paxton in the Senate Chamber at the Texas Capitol, Tuesday, Sept. 5, 2023, in Austin, Texas. (AP Photo/Eric Gay)

HOUSTON (AP) — Prosecutors have reached a significant agreement that will result in the dismissal of long-standing securities fraud charges against Texas Attorney General Ken Paxton. The charges, which have been pending for nearly a decade, have been a subject of legal battles and controversy.

The case against Paxton dates back to 2015 when he was indicted on felony charges of securities fraud. The allegations stemmed from Paxton's involvement in a business deal prior to his tenure as the state's attorney general. The charges have loomed over Paxton's political career and have been a focal point of public scrutiny.

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