An advocacy group filed a complaint against Texas Attorney General Ken Paxton that alleges he committed a third-degree felony by violating state securities laws between 2004 and 2012.
Texans for Public Justice of Austin on April 6 sent the Collin County District Attorney’s office a complaint that alleged that while in Collin County, Paxton violated the Texas Securities Act by acting as an investment adviser representative without being registered with the Texas State Securities Board. The complaint said the allegations were based on a securities board disciplinary order against Paxton.
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