U.S. Senate candidate and outgoing Utah House Speaker Brad Wilson has responded to a fraud and breach of contract lawsuit, calling allegations from a former business associate “meritless” and an attempt to damage his political campaign.
On Friday, attorneys for Wilson filed a motion to dismiss a lawsuit from David Peterson, the former chief financial officer of Wilson’s company Destination Homes, described in court documents as “a disgruntled former employee.”
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“Peterson seeks to transform an unfounded grievance and decades-old malcontent into a groundless lawsuit with false allegations timed to smear Wilson and hurt his political campaign,” Wilson’s attorneys write.
The complaint was filed in 3rd District Court in Salt Lake City on Sept. 28, the day after Wilson formally announced his candidacy. Destination Homes co-founder David Bailey is also listed as a defendant.
The lawsuit stems from a $430,000 loan Peterson allegedly gave to Destination Homes so it could purchase Wheatfield Estates in Layton. The lawsuit claims there was an agreement for repayment with interest.
Wilson paid down the loan made by Peterson to $280,000, the complaint states — but he later “announced unilaterally that he would not be paying interest anymore on the company’s debt to Mr. Peterson.”
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