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DonViejo

(60,536 posts)
Wed Jul 8, 2015, 12:09 PM Jul 2015

Texas Attorney General Ken Paxton named in federal investigation of tech firm

Source: Reuters

REUTERS
08 JUL 2015 AT 12:03 ET

The name of Texas Attorney General Ken Paxton, facing a grand jury probe in the state for suspected securities fraud, appears in a federal court document as a major investor in a Dallas-area firm in a U.S. Securities and Exchange Commission investigation.

Court documents in the federal investigation of the technology firm called Servergy do not make any allegations of misconduct by Paxton or draw links to the investigation into securities fraud in Texas.

Paxton appears on a list of investors in Servergy, which had been under investigation for suspected misstatements about orders for its data servers from major firms including shopping site Amazon. The papers were filed in December 2014 in a U.S. court in Texas. A spokesman for Paxton was not immediately available for comment.

In Texas, special prosecutors, relying on evidence gathered by the Texas Rangers, plan to ask a grand jury in the state as early as this month if there is sufficient ground to indict Paxton on first-degree felony charges for securities laws violations.

-snip-

Read more: http://www.rawstory.com/2015/07/texas-attorney-general-ken-paxton-named-in-federal-investigation-of-tech-firm/

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Texas Attorney General Ken Paxton named in federal investigation of tech firm (Original Post) DonViejo Jul 2015 OP
Watch me as I Liberalagogo Jul 2015 #1
in the name of full disclosure, the Texas Paxtons are all family of mine albeit steps removed roguevalley Jul 2015 #2
I love it! n/t prayin4rain Jul 2015 #3

roguevalley

(40,656 posts)
2. in the name of full disclosure, the Texas Paxtons are all family of mine albeit steps removed
Wed Jul 8, 2015, 04:57 PM
Jul 2015

including Sam Houston's wife, Elizabeth. We never did think much of them however. Now you know why.

I hope they put him in the big house, the one that Republicans love more than their mcmansions.

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