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Ken Paxton’s Securities Fraud Charges Dismissed After Diversion Program Completion

The resolution clears the way for his U.S. Senate campaign after he fulfilled diversion conditions dating back to his 2015 indictment.

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Overview

  • Special prosecutors Brian Wice and Jed Silverman filed a motion in Harris County on June 18 to officially dismiss Paxton’s three felony securities fraud indictments.
  • Under a March 2024 pretrial diversion agreement, Paxton completed over 100 hours of community service, 30 hours of State Bar ethics training and paid roughly $300,000 in restitution.
  • Paxton was first indicted by a Collin County grand jury in 2015 over allegations he failed to disclose compensation in Servergy stock when soliciting investments.
  • His legal battles included a 2023 impeachment trial in the Texas Senate, where he was acquitted of all charges.
  • In April, Paxton launched a campaign for the U.S. Senate, challenging incumbent Sen. John Cornyn as he seeks higher office.