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Ken Paxton’s Decade-Long Securities Fraud Case Dismissed

Paxton now shifts focus to his 2026 Senate campaign following the dismissal of charges under a pretrial intervention agreement.

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Overview

  • Special prosecutors Brian Wice and Jed Silverman filed motions in Harris County on June 18, 2025, to drop three felony securities fraud charges after Paxton completed his pretrial intervention program.
  • Under the agreement, Paxton paid $271,000 in restitution to investors Byron and Kay Cook and to the estate of Joel Hochberg.
  • He performed more than 100 hours of community service at a Collin County nonprofit and completed 30 hours of online ethics training through the State Bar of Texas.
  • The original 2015 indictment alleged Paxton solicited investments for a Texas tech startup without disclosing he was compensated with the company’s stock.
  • Paxton, who pleaded not guilty and did not admit guilt under the deal, launched his 2026 U.S. Senate campaign in April and hailed the dismissal as a boost to his political prospects.