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Feds charge Texas AG Ken Paxton with fraud

Ken PaxtonThe U.S. Securities and Exchange Commission on Monday charged Texas Attorney General Ken Paxton with civil securities fraud for promoting a North Texas tech firm, adding to the first-term Republican’s growing legal woes.

Paxton was charged with persuading others to buy stock in North Texas tech firm Servergy, Inc. without disclosing he was being paid to promote the company. The attorney general, a Republican from McKinney, also faces criminal fraud charges in Texas for these same allegations.

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Tesla Recalls 2,700 Model X SUVS to Fix Third-Row Seats

Tesla recallTesla Motors Inc. is recalling 2,700 Model X sport utility vehicles, the first such action for the SUV, to repair the third-row seats after strength tests done by the automaker found a potential problem.

“Recently, during an internal seat strength test that was conducted prior to the start of Model X deliveries in Europe, the recliner in a third row Model X seat unexpectedly slipped,” Tesla said Monday in an e-mail to affected customers, all of whom are in the U.S. “Until the recall is performed, you may make full use of your Model X, although we ask that you temporarily not have anyone sit in the third row seats while the car is in use.”

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UC Berkeley students to file state sexual harassment complaint against professor

UC Berkeley students to file harassment charges against professorKathleen Gutierrez struggles to get out of bed each day. For the past year, the 28-year-old University of California at Berkeley graduate student has battled extreme fatigue, unexpected body aches and debilitating anxiety.

At the root of her stress is her fear that at any moment on campus, she could run into Blake Wentworth, a professor in her department who she says repeatedly sexually harassed her – touching her inappropriately and frequently making offensive comments, including telling her “I’m so attracted to you” and bragging about doing drugs off of a stripper’s body.

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Banker Duped Family, Friends for $14 Million, PJT Alleges

Casperosen duped family and friendsAndrew Caspersen, the banker accused by prosecutors of defrauding investors of $25 million, duped family and friends of an additional $14 million, according to a regulatory filing by his former employer, PJT Partners Inc.

Caspersen engaged in “a number of unauthorized and unlawful transactions,” the New York-based investment bank said Friday in the filing. “They consisted of schemes Caspersen presented to his family and personal network to make investments in entities formed by him with names resembling parties in legitimate Park Hill transactions.” Park Hill is a PJT unit that employed Caspersen until his arrest last month.

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Retired NFL star Will Smith shot dead in New Orleans

Will Smith killed in New orleansWill Smith, a prominent member of the New Orleans Saints team that won the NFL's Super Bowl in 2010, was killed by a gunman who shot the retired football player after ramming his car near the city's famed French Quarter, police said on Sunday.

Investigators were trying to determine whether the shooting, which also wounded Smith's wife, was a case of road rage or whether there was some other motive, police said.

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Everest student loans from 2010 to 2014 forgiven

Everst student loans clearedStudents who racked up thousands of dollars in loans at Everest and WyoTech for-profit colleges can now have those debts cleared.

Students at 91 schools in 20 states who attended the schools from 2010 to 2014 can apply for debt relief by filling out a form on the U.S. Department of Education website. The schools’ former owner, Corinthian Colleges, marketed false job placement rates to students enrolling at more than 100 campuses nationwide, according to a department investigation.

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2 Southern University students dead in Louisiana shooting

Southern University shootingTwo 19-year-old women who were Southern University students and members of the school’s athletic program were shot and killed early Sunday outside a Baton Rouge apartment complex, police and university officials said.

Detectives didn’t immediately identify any suspects or motives in the shooting, which occurred in a parking lot outside an apartment complex around 2 a.m., said Baton Rouge Police Sgt. Don Coppola Jr.

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