(CBS NEWS) A Texas court overturned the conviction of former House Majority Leader Tom DeLay, R-Texas, Thursday, formally acquitting him of conspiracy and money laundering charges.

Houston CBS affiliate KHOU reports the Texas Third Court of Appeals said in documents released Thursday morning that the evidence in the case was “legally insufficient to sustain DeLay’s convictions.”

The 66-year-old DeLay was found guilty in November 2010 of money laundering and conspiracy to commit money laundering for helping illegally funnel corporate money to Texas candidates in 2002.

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