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Ken Paxton: “The state had literally no risk. That's part of the reason…”

Featuring: Ken Paxton, Republican | Attorney General of Texas

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Ken Paxton Testifies At Senate Finance Committee

Published | Video Starts at 38:45

My interest, however, is you've got a. On the medicase, you had a contingency fee of 10.2%. So that's effectively a 9 to 1 payout. Roughly. Yeah. And The state had literally no risk. That's part of the reason we did it. We. Part of the reason we did it. We didn't have the money to pay the experts. So they front all the costs. So the, the 10.2%, as Royce would know, is not all profit. (38:45–38:49)

CLAIM

Asserts that the state assumed no financial risk in a legal case due to the contingency fee arrangement.

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