@NCCapitol
Senate candidate owes investors more than $450,000
A jury found Greg Brannon, one of the leading candidates for the Republican U.S. Senate nomination, liable for misleading investors last month.
Republican U.S. Senate candidate Greg Brannon will have to pay $454,631.12 to a pair of investors if a Wake County Superior Court jury verdict is upheld.
A Wake County jury found Brannon liable for misleading two men who invested in a technology start-up company called Neogence. Brannon was on Neogence's board of directors and helped persuade the two men to invest.
In a judgment sheet and formal award of costs and findings filed Thursday, Superior Court Judge Bryan Collins ruled that Brannon must repay the $250,000 originally invested, along with interest and attorneys fees.
Brannon has denied any wrongdoing and said he will appeal the decision.
