Special prosecutor: AG Paxton investigation nears grand jury

Ken Paxton. (AP Photo/Eric Gay)
Ken Paxton. (AP Photo/Eric Gay)

AUSTIN (AP) — A special prosecutor says a criminal investigation surrounding Texas Attorney General Ken Paxton and allegations that he broke state securities laws will soon head to a grand jury.

Houston attorney Kent Schaffer said Thursday the investigation into Paxton has grown “into something larger” than the original case he received in April. Schaffer, one of two special prosecutors on the case, said a Collin County grand jury will likely begin hearing evidence in July.

Paxton was fined $1,000 last year for investment advising without registering. His spokesman, Anthony Holm, reiterated that the Texas State Securities Board passed on referring the case for prosecution and said Paxton is focused on his job.

A judge last month widened the investigation being handled by Texas Rangers. Schaffer wouldn’t elaborate about what that may include.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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