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ARTICLE · 10 AUGUST 2015

State AGs In The News - August 6th, 2015

Blank Rome
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A Texas grand jury has indicted Texas AG Ken Paxton for securities fraud, alleging that Paxton misled investors prior to assuming his position as AG.

United StatesConsumer Protection
Doreen Manchester
Doreen Manchester
Aaron R. Lancaster
Aaron R. Lancaster
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AGs Find Themselves on the Other Side of an Investigation

  • A Texas grand jury has indicted Texas AG Ken Paxton for securities fraud, alleging that Paxton misled investors prior to assuming his position as AG. According to the special prosecutors involved, Paxton is accused of encouraging investors to put more than $600,000 into tech startup company Servergy, Inc. while failing to disclose that he was making commissions, and misrepresenting himself as an investor.
  • Similarly, a Pennsylvania district attorney has charged Pennsylvania AG Kathleen Kane with perjury and obstruction of law based on Kane's alleged leaks of confidential investigative information and subsequent related false statements and denials.

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