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Yet another charge brought forth by the SEC, this time charging Ken Paxton for allegedly misleading investors in a technology company. The U.S. Securities and Exchange Commission filed the charges earlier this year. Paxton is faced with three felony counts, and has pleaded not guilty. We found the following article interesting;
 

The U.S. Securities and Exchange Commission filed the charges Monday in a Sherman-based court. They are similar to the allegations Paxton faces in a pending indictment handed up by a Collin County grand jury last year.
 
Paxton is named in the SEC’s complaint along with William Mapp, the founder and former CEO of Servergy Inc. Paxton is accused of raising hundreds of thousands of dollars for Servergy without disclosing he was making a commission. The case stems from when Paxton was a member of the Texas House — before he was elected attorney general in 2014, read full article here

 
Our Securities Law Firm in Michigan, offers over 40 years of experience in litigating securities fraud cases. In addition to broker security fraud, we offer many other services including litigation, broker misconduct, securities litigation, and FINRA assistance. Please contact us today for a FREE consultation 313-334-7767.