The U.S. Securities and Exchange Commission is not giving up on its case against Attorney General Ken Paxton.

The commission filed amended civil charges against Paxton on Friday, two weeks after a federal judge dismissed the case. Paxton, who is also fighting similar criminal charges at the state level, is accused of misleading investors in a company years ago.

"We are disappointed by the SEC’s decision to continue this case, given the court’s opinion and the clear infirmities the court found with the commission’s original complaint," Paxton lawyer Matthew Martens said in a statement. "We will evaluate the revised complaint and respond accordingly.”

Earlier this month, U.S. District Judge Amos L. Mazzant III threw out the SEC case against Paxton but gave the commission 14 days — until Friday — to file amended allegations.

The updated charges contend that the group of investors Paxton allegedly duped when he persuaded them to invest in a tech start-up called Servergy "reasonably expected" him to disclose he was receiving a commission. According to the SEC, the members of the group had a standing policy that "no one member makes money or otherwise benefits off of the investment of another member."

https://www.texastribune.org/2016/10...ag-ken-paxton/