RALEIGH, N.C. (AP) - A jury has been seated to hear a lawsuit accusing U.S. Senate candidate Greg Brannon and another defendant of misleading investors in a now-defunct company with a mobile phone app.
The News & Observer of Raleigh reported (http://bit.ly/Nw7Dg2 ) a 12-member jury was selected Monday in Wake County Superior Court. The trial will begin Tuesday and could take about four days. Brannon was present in court Monday, less than three months before the Republican primary.
Larry Piazza and Sam Lampuri want $250,000 in investments in Neogence Enterprises returned to them. They accuse Brannon and the company's former CEO of giving false and misleading information about Verizon's interest in the app. Brannon was a company director and argued in documents the plaintiffs understood the risks of speculative investments.