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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNC: Jury finds GOP Senate misled investors Read more here
RALEIGH U.S. Senate candidate Greg Brannon may owe two investors in his failed startup company more than $250,000 after a jury found Tuesday that he provided them bogus information about a potential deal.
The political cost remains unknown.
In the verdict, the 12-person jury decided Brannon bore sole responsibility for giving misleading or false information in 2010 to investors regarding a mobile application being developed by Neogence Enterprises, a now-defunct tech company he helped start.
The jury cleared a second defendant, Robert Rice, the companys co-founder and former CEO.
Brannon slumped his head and looked downward as the verdict was read in Wake County Superior Court. As he left the courthouse, Brannon said he would appeal to defend my integrity.
http://www.newsobserver.com/2014/02/18/3633777/gop-senate-candidate-brannon-found.html#storylink=cpy
giftedgirl77
(4,713 posts)As such your appeal is useless.
okaawhatever
(9,462 posts)housing development he started? The reason I ask is because I remember it being paid off shortly before his campaign and the source was never identified. I think it was the Senate Majority leader or something.
I was thinking about that when I saw McCrory's investigation.
General Zod
(680 posts).....so he can lose in the general to Kay Hagan. I'm much more afraid of Thom Tillis than this whack job.
But with this verdict, it doesn't look good for him.