Yasir Qadhi says Paxton sued EPIC after the state's securities regulator found no violation
Yasir QadhiResident scholar of the East Plano Islamic Center, posting on X
Qadhi, citing Texas Monthly's investigation, says the state's securities regulator found no securities violation, that Paxton sued anyway, and that the regulator was pushed out after publicly disputing Paxton's claim.
“In March of last year, Abbott’s office drew up a secret memo listing every law the state could use against EPIC. However, the state’s own securities regulator reviewed 100,000 pages and found no securities violation. Paxton sued us anyway, and when that regulator publicly called Paxton’s claim “a wholly false statement,” he was pushed out of his job.”
Original post
Where this statement fits
Paxton sued EPIC City developers for securities fraud after the state securities board concluded the units were not securities
Texas Attorney General Ken Paxton sued the developers of the EPIC City housing project near Plano for securities fraud in December 2025. The Texas State Securities Board says its staff had concluded the project's land units were not securities and told Paxton's office so before he filed. A Texas Monthly report says advisers to Gov. Greg Abbott pressed the agency to refer the case.
Source and context
Original post
About this source
Qadhi's post responds to Texas Monthly's investigation of the state's securities case against the EPIC City developers and gives his account of the case.
Before the quotation
Qadhi posted this after Texas Monthly published its investigation, which his post names by title. He opens by saying that the governor, the attorney general and other Texas politicians have attacked the EPIC mosque by name for more than a year.
After the quotation
He adds that the mosque has received bomb threats and that children in the community are scared to come to the mosque, and he points readers to a timeline of the dispute.
How this statement is classified
The label describes this statement's response within the context above.
Why this label?
The reference point is the Texas government's pursuit of a securities fraud case against the EPIC City developers. Qadhi says the state's own regulator found no securities violation, that Paxton "sued us anyway" and that the regulator was pushed out, so we labeled it Condemned. The closest competing label is Challenged characterization; it loses because he goes beyond disputing the securities theory and criticizes the suit and the officials behind it.
- Recorded on
- Published here
- People and groups discussed
- Ken Paxton, Greg Abbott
More from this case
Read the full caseCAIR-Texas says Paxton allegedly strong-armed an agency into targeting a Muslim community
Council on American-Islamic Relations
“Instead of serving all Texans, Mr. Paxton allegedly even strong-armed a governmental agency into targeting a Texas Muslim community, even after the agency concluded there was no basis for the line of attack Paxton wanted to pursue.”Read statement
EPIC says state officials were determined to prosecute it regardless of the evidence
East Plano Islamic Center
“determined to find a way to prosecute EPIC regardless of what the evidence showed.”Read statement
Olmsted condemns the EPIC City case as a campaign against Muslims
“concocted a securities fraud case as part of a sweeping crusade to target the state’s growing Muslim community.”Read statement
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- Yasir Qadhi says Paxton sued EPIC after the state's securities regulator found no violation
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The Dispute Index. "Yasir Qadhi says Paxton sued EPIC after the state's securities regulator found no violation". First published: 2026-11-10. Last updated: 2026-11-10. https://disputeindex.com/events/8521-qadhi-citing-texas-monthly-s-investigation-says-the