AG Paxton pleads not guilty to charges

Texas Attorney General Ken Paxton on Aug. 27 entered a plea of not guilty on felony charges of securities fraud at his arraignment in Fort Worth. Tarrant County 396th State District Court Judge George Gallagher gave Paxton until Sept. 30 to answer to the charges. Paxton is accused of encouraging two individuals to buy stock in Severgy, a Collin County-based technology firm, and being compensated for his actions without being registered as an investment advisor in accordance with Security and Exchange Commission regulations.