Ken Paxton named in State Bar grievance A legal ethics group Tuesday filed a State Bar of Texas grievance alleging that state Sen. Ken Paxton, R-McKinney, violated conflict-of-interest rules when he failed to register as an investment adviser representative. Paxton, the Republican candidate for attorney general, accepted a reprimand and $1,000 fine from the State Securities Board in May for soliciting clients for a Texas investment firm without registering, as required by state law, and without disclosing that he would receive 30 percent of management fees. The grievance by Erica Gammill, acting executive director of the Texas Coalition on Lawyer Accountability, said Paxton “committed a criminal act that reflects adversely on his honesty, trustworthiness or fitness as a lawyer.” Paxton spokesman Anthony Holm called the filing a political stunt. “The acting executive director of this organization is ill-informed and not even a licensed lawyer, continuing a pattern of politically motivated attempts to create headlines by liberal activists.” Paxton has been a lawyer since 1991. The State Bar, which oversees lawyer discipline, does not comment in grievance filings. Source: statesman/ newsintx/ken-paxton-named-in-state-bar-grievance/
Posted on: Wed, 06 Aug 2014 00:20:20 +0000
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