This week Texas Attorney General Ken Paxton’s lead counsel—formerly the chief litigation counsel at the Securities Exchange Commission (SEC)—filed a motion to dismiss the SEC’s civil lawsuit filed against Paxton stating their claims are a “dramatic overreach” and “lack any basis in law.”
Breitbart’s legal analyst Lana Shadwick reports:
“The 29-page pleading filed by Paxton’s defense urges that the SEC does not claim that Paxton ever lied or made a misrepresentation, and that no one has alleged they lost money in any of the transactions involving Paxton. The motion also states that the SEC’s argument that Paxton failed to disclose that he could receive a commission for touting securities, and that he had not investigated the company, runs counter to decades of case law precedent that has never required such discussions or actions.”
As previously reported by Tony McDonald, the civil and criminal indictments brought against Texas’ AG are an embarrassment to the criminal justice system. After all, this is not the first time absurd and politically motivated charges have been brought against a conservative by the crony establishment and their companions in the legal community.
You can find the entire motion to dismiss, filed in U.S. District Court in the Eastern District of Texas, Sherman Division, here.