Senate candidate Brannon owes $450K in civil judgment - WALB.com, South Georgia News, Weather, Sports

Senate candidate Brannon owes $450K in civil judgment

Senate candidate Greg Brannon says he plans to appeal a verdict in a civil case where he now owes $450,000 Senate candidate Greg Brannon says he plans to appeal a verdict in a civil case where he now owes $450,000

RALEIGH, N.C. (AP) - U.S. Senate candidate Greg Brannon owes more than $450,000 after a North Carolina jury determined the Republican hopeful gave false or misleading statements to two investors about a startup company's prospects.

A judge signed the final judgment in the civil verdict against the Cary obstetrician this week. Wake County jurors last month found Brannon liable for the information he gave in 2010 to the men who then invested $250,000. The company no longer operates. The final amount owed includes interest on the amount invested, attorneys' fees and court costs.

Brannon has said he will appeal the verdict and thinks he was treated unfairly by the court.

Brannon is one of eight Republican seeking the nomination in the May primary. The winner is likely to take on Democratic incumbent Kay Hagan.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

  • PoliticsMore>>

  • Horton launches campaign to run for Seventh Congressional District seat

    Horton launches campaign to run for Seventh Congressional District seat

    Friday, May 26 2017 12:30 PM EDT2017-05-26 16:30:18 GMT
    Dr. Kyle Horton has launched her campaign to run for a seat in Congress in 2018. (Source: WECT)Dr. Kyle Horton has launched her campaign to run for a seat in Congress in 2018. (Source: WECT)

    Kyle Horton has launched her first political campaign nearly 18 months before the 2018 General Election. She has declared herself a candidate for the Democratic nomination in North Carolina’s Seventh Congressional District, running for the seat currently held by second-term Republican Rep. David Rouzer. ..

    More >>

    Kyle Horton has launched her first political campaign nearly 18 months before the 2018 General Election. She has declared herself a candidate for the Democratic nomination in North Carolina’s Seventh Congressional District, running for the seat currently held by second-term Republican Rep. David Rouzer. ..

    More >>
  • Wilmington opioid pilot project included in proposed House budget

    Wilmington opioid pilot project included in proposed House budget

    Thursday, May 25 2017 12:38 PM EDT2017-05-25 16:38:11 GMT

    A pilot project to combat an ongoing opioid abuse problem in Wilmington is getting support from part of the General Assembly. The House released some of its budget proposal Thursday morning in Raleigh. The spending plan includes full funding of up to a half million dollars over the next two years for an initiative in the Port City.

    More >>

    A pilot project to combat an ongoing opioid abuse problem in Wilmington is getting support from part of the General Assembly. The House released some of its budget proposal Thursday morning in Raleigh. The spending plan includes full funding of up to a half million dollars over the next two years for an initiative in the Port City.

    More >>
  • Supreme Court strikes down 2 NC congressional districts

    Supreme Court strikes down 2 NC congressional districts

    Monday, May 22 2017 8:36 PM EDT2017-05-23 00:36:20 GMT
    Monday, May 22 2017 8:36 PM EDT2017-05-23 00:36:20 GMT

    The Supreme Court has struck down two congressional districts in North Carolina because race played too large a role in their creation.

    More >>

    The Supreme Court has struck down two congressional districts in North Carolina because race played too large a role in their creation.

    More >>
Powered by Frankly