Senate candidate Brannon owes $450K in civil judgment - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

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 This material may not be published, broadcast, rewritten or redistributed.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>>

  • GenX, opioid addiction, short-term rentals among issues raised at candidates' forum

    GenX, opioid addiction, short-term rentals among issues raised at candidates' forum

    Friday, September 22 2017 6:22 AM EDT2017-09-22 10:22:52 GMT
    Nearly all candidates on the November ballot attended a forum Thursday night organized by the Residents of Old Wilmington organization. (Source: WECT)Nearly all candidates on the November ballot attended a forum Thursday night organized by the Residents of Old Wilmington organization. (Source: WECT)

    Issues related to downtown Wilmington were discussed Thursday night in a candidates’ forum at the Hannah Block USO Building.

    More >>

    Issues related to downtown Wilmington were discussed Thursday night in a candidates’ forum at the Hannah Block USO Building.

    More >>
  • League of Women Voters to host series of candidate forums

    League of Women Voters to host series of candidate forums

    Monday, September 18 2017 12:51 PM EDT2017-09-18 16:51:31 GMT

    The Municipal Elections are just around the corner, so the League of Women Voters of the Cape Fear is sponsoring a series of candidate forums in Brunswick County next month. 

    More >>

    The Municipal Elections are just around the corner, so the League of Women Voters of the Cape Fear is sponsoring a series of candidate forums in Brunswick County next month. 

    More >>
  • Rouzer votes against bill to raise debt ceiling, help hurricane victims

    Rouzer votes against bill to raise debt ceiling, help hurricane victims

    Friday, September 8 2017 3:18 PM EDT2017-09-08 19:18:39 GMT
    Rep. David Rouzer (R-NC7) voted against a measure Friday that would tie emergency hurricane relief funding to raising the country's debt ceiling (Source: rouzer.house.gov)Rep. David Rouzer (R-NC7) voted against a measure Friday that would tie emergency hurricane relief funding to raising the country's debt ceiling (Source: rouzer.house.gov)

    Congressman David Rouzer (NC7) is one of seven members of North Carolina's delegation voting against a measure that would raise the country’s debt ceiling, and provide emergency relief funding for victims of Hurricane Harvey. HR 601, which also makes necessary adjustments to keep the government open for another three months, passed the U.S House of Representatives Friday morning by a count of 316-90. 

    More >>

    Congressman David Rouzer (NC7) is one of seven members of North Carolina's delegation voting against a measure that would raise the country’s debt ceiling, and provide emergency relief funding for victims of Hurricane Harvey. HR 601, which also makes necessary adjustments to keep the government open for another three months, passed the U.S House of Representatives Friday morning by a count of 316-90. 

    More >>
Powered by Frankly