Kit Addleman and Tim Newman in Texas Lawbook: Inside the Case Against Ken Paxton


The criminal securities fraud case against Texas Attorney General Ken Paxton is only getting started, but it already features some of the best lawyers in the state. 

A Collin County grand jury has reportedly indicted Paxton, a former lawyer at Strasburger & Price, on three felony counts of securities fraud for misleading investors in McKinney technology firm Servergy Inc. 

At the same time, the U.S. Securities and Exchange Commission has conducted its own inquiry into Servergy, though it is unclear if Paxton’s involvement is part of the federal investigation. 

The case has attracted A-list white-collar lawyers from Dallas and Houston...

Servergy has hired Haynes and Boone lawyers Kit Addleman and Timothy Newman as its legal advisers in the SEC inquiry. 

Addleman, a partner in the firm’s Dallas office, spent two decades with the SEC, including several years heading the SEC’s enforcement activities in Atlanta and Fort Worth. Addleman is widely respected within the white-collar legal community.

Newman is a six-year associate at Haynes and Boone and specializes in representing businesses facing federal securities investigations.

Excerpted from The Texas Lawbook. To read the full article, click here (subscription required).

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