Deal in works to resolve AG Ken Paxton's securities fraud cases - KVUE

[TexasTowelie]

AUSTIN, Texas — Texas Attorney General Ken Paxton's securities fraud case likely will not be going to trial in April after prosecutors and Paxton's attorneys have reached a tentative pre-trial diversion agreement, three sources tell KVUE Senior Reporter Tony Plohetski and the Austin American-Statesman.

That agreement could end a nine-year legal saga that would have gone to trial on April 15 and for which Paxton faced up to 99 years behind bars.

Under conditions of the proposed agreement, Paxton likely will have to perform community service, take legal education classes and pay a six-figure restitution. He will not have to enter a plea, and the cases would be dismissed if he meets the terms of the deal with prosecutor Brian Wice, the sources said.

The sources, who are familiar with the negotiations, asked to remain anonymous because they are not authorized to speak publicly about the ongoing matter.

Read more: https://www.kvue.com/article/news/politics/ken-paxton-securities-fraud-case-deal-pre-trial-diversion-mowery-wice/269-f19f61e0-c896-48a5-bece-bf74954877b9