HOUSTON — A Harris County District judge has set Dec. 11 as the trial date for Attorney General Ken Paxton to fight allegations that he broke securities law.
The case, which will be tried before a jury, should wrap up no later than Dec. 22.
“I want to make sure everybody has a chance to make a full case,” Judge Robert Johnson told the court Thursday afternoon.
Jury selection is set for Dec. 1.
Paxton is a former state senator who won the attorney general’s seat in 2014.
He is accused of misleading investors in technology startup company Servergy in 2011 when he served in the Texas Legislature. Paxton allegedly pushed members of an ad-hoc investment club to purchase shares in the company, neither revealing he made commissions on those sales nor that he had not bought shares himself.
Paxton’s trial was originally scheduled for May, then moved to September. Both those dates were scrapped amid upheaval over where the trial should be held, and over the judge.
Still unsettled: The three special prosecutors building a case against Paxton are waiting for a paycheck for their work.
The court-appointed prosecutors have not been paid since they collected around $370,000 a year and a half ago. Collin County Commissioners — Paxton’s indictment originated in Collin County — have filed a lawsuit challenging the legality of the prosecutors’ compensation arrangement.
Court case or no, Paxton seems poised for a re-election bid in 2018. His campaign war chest has grown to more than $5 million.
“The Attorney General will be well-prepared to defend his compelling record of effective, conservative leadership with a robust campaign war chest,” Paxton campaign spokesman Matt Welch has previously stated.
If found guilty, Paxton faces decades in prison and thousands of dollars in fines.
Trent Seibert can be reached at [email protected] or 832-258-6119.