AUSTIN, Texas — Defense lawyers for Texas Attorney General Ken Paxton scored a major victory Tuesday as special prosecutors announced a deal to forego a trial on securities fraud charges against the politician nearly a decade after he was indicted.
Prosecutors announced Tuesday morning that they had reached a deal to dismiss charges against the third-term Republican attorney general. Paxton was first indicted in 2015.
However, Paxton must pay approximately $300,000 in restitution to victims, complete 100 hours of community service, and attend 15 hours of legal ethics education in return for having the three felony counts against him wiped out.
Paxton was accused of tricking people into investing in a technology start-up company outside Dallas prior to his being elected the state’s top lawyer.
He was slated to go on trial in mid-April and could have faced life in
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