Securities fraud charges against Texas attorney general dismissed

A leading ally for President Trump in the battle over his immigration ban defeated securities fraud charges on Thursday, which he told the Washington Examiner were an act of revenge waged by his political opponents.

A district court judge granted Texas Attorney General Ken Paxton’s motion to dismiss the charges on Thursday afternoon. Paxton spoke with the Washington Examiner this week while preparing to stand trial in less than two months on the charges: two counts of first-degree securities fraud and one count of failure to register with the state securities board.