Attorney General Ken Paxton’s securities fraud trial set for April 15

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The charges stem from accusations that in 2011 Paxton tried to solicit investors in a McKinney technology company without disclosing that it was paying him to promote its stock. The attorney general has pleaded not guilty.

, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news.’s long-delayed trial on securities fraud charges has been set for April 15.

The trial is a reminder that Paxton's legal problems persist even after the Texas Senate acquitted him last month in an impeachment trial on unrelated allegations. Lt. Gov.presided over that trial and has faced intense criticism for taking $3 million from a pro-Paxton group in the lead-up to the trial.

Paxton's lawyer Philip Hilder told reporters his side was"gratified" with the trial date and criticized the special prosecutors for their focus on their pay.The prosecutors say they have not been paid since January 2016. A Paxton supporter filed a lawsuit challenging their fee schedule in the early months of the case, and both sides have been wrangling over the issue ever since.

The impeachment trial centered on different allegations of bribery and malfeasance made by former top deputies in his office. When the House impeached Paxton in May, it included multiple articles of impeachment related to the securities case, but the Senate set those aside for the trial and dismissed them afterward.

While the Senate's acquittal was a political triumph for the third-term Republican, Paxton still has significant legal issues. In addition to the securities fraud case, he faces a federal investigation into the claims by his former top staffers, who allege he abused his office to help a friend and donor, Nate Paul.

 

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