Feds Not Dropping Fraud Case Against AG PaxtonInvestor fraud accusations against Texas Attorney General Ken Paxton are back in federal court, at least for now, after the U.S. Securities and Exchange Commission on Friday refiled a civil lawsuit against the Republican that a judge previously dismissed.
Texas AG Paxton Asks Court To Dismiss Civil Fraud LawsuitCalling it a "dramatic overreach" by federal regulators, Texas Attorney General Ken Paxton asked a judge Thursday to dismiss a civil fraud lawsuit over his efforts to recruit investors to a high-tech startup before he was the state's top prosecutor.
SEC Files Insider Trading Complaint Against Golfer Phil MickelsonGolfer Phil Mickelson on Thursday was accused of insider trading in connection with a case where two others are facing criminal charges.
Lawyers Argue Charges Against Texas Attorney General Should Be DroppedThe judge says he will decide what to do with the indictments as early as next Monday or a week or two later.
Texas Attorney General Ken Paxton IndictedThe Republican is accused of misleading investors before taking office.
IRS Says Prominent Texas Billionaire & Late Brother Owe $3BThe IRS wants $3.2 billion to cover back taxes that it says are owed by a prominent Texas businessman and his late brother who the IRS says hid income by setting up overseas trust funds.
Energy Future Holdings Misses Filing Deadline Energy Future Holdings is still not ready to file its already delayed annual report, the company said in a filing Tuesday with the federal Securities and Exchange Commission.
Lawyers For SEC, Mark Cuban Make Closing Arguments A government lawyer told jurors that billionaire Dallas Mavericks owner Mark Cuban had an unfair and illegal advantage over other investors when he dumped $7.9 million in shares of an Internet company and then lied about why he sold.
Mavericks Owner Says He Went To Trial So He Wouldn't Be BulliedDuring his second day of testifying, Dallas Mavericks owner Mark Cuban told jurors he could have settled the insider trading civil lawsuit filed by the SEC but he didn't because he had done nothing wrong.
Cuban, Gov't Lawyer Spar At Insider-Trading TrialMark Cuban sparred with a government lawyer Thursday over why the billionaire and Dallas Mavericks owner dumped his shares in a Canadian search-engine company in 2004.
JC Penney Shares Up On George Soros InvestmentShares of beleaguered retailer J.C. Penney are up more than 6 percent in aftermarket trading on Thursday after billionaire financier George Soros disclosed a 7.9 percent stake in the company.
North Texas Power Company Considers BankruptcyA Dallas-based power company says it is considering filing for Chapter 11 bankruptcy to restructure $32 billion in debt.