November 18, 2014 1:50 PM

Statesman: Paxton Associate named in securities action

Paxton “has described Mowery as a friend and business associate.”

From the Austin American-Statesman's Chuck Lindell:

"A state judge will determine whether to revoke the securities license of Frederick Mowery, who was linked to the State Securities Board’s May reprimand of Attorney General-elect Ken Paxton, for allegations that included failure to disclose conflicts of interest, plagiarism and lying to investigators.

Mowery was given 20 days to respond to the allegations — announced Tuesday by the securities board — and invited to appear at a Jan. 27 hearing before an administrative law judge in Austin....Paxton, a Republican state senator from McKinney, has described Mowery as a friend and business associate.”

The full story is here.