"Texas Attorney General Ken Paxton Settles Felony Fraud Investigation, Avoiding Trial and Resolving Yearslong Legal Saga"

Texas Attorney General Ken Paxton has reached an agreement with prosecutors to avoid trial on long-standing state felony securities fraud charges by completing 100 hours of community service, 15 hours of legal ethics classes, and paying $271,000 in restitution. The agreement dismisses the felony charges against Paxton, who had been accused of defrauding investors at a tech company nearly a decade ago. Paxton's attorney emphasized that this was not a plea bargain and that Paxton is not guilty. Paxton still faces an FBI investigation and a state whistleblower lawsuit.