SEC charges Texas attorney general for role in stock scam

The U.S. Securities and Exchange Commission accused the company and former Chief Executive Officer William Mapp of selling private stock while misleading investors about the energy efficiency of its sole product, and accused Paxton of working to raise investor funds for the company without disclosing his commissions. The SEC's civil case followed a related criminal case against Paxton for securities fraud. Last year, a Texas state grand jury indicted Paxton for his alleged role in a scheme to mi