Indicted Texas AG Ken Paxton Expected to Turn Himself In on Monday

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

COLLIN COUNTY, TX -- Texas Attorney General, Ken Paxton (R), was indicted by a Collin County grand jury on Saturday.

According to reports, Paxton faces three felony counts: two accuse him of first-degree security fraud,  and the other alleges he failed to register as a securities agent. The indictment was reportedly sealed and will be revealed Monday.

It's believed the indictment stems from Paxton's involvement with the McKinney-based company, Servergy. USA Today reports the company has been under investigation by the Securities and Exchange Commission.

Paxton was sworn into office back in January.