NEXA Lending CEO Mike Kortas said he has reached a global settlement with former business partner Mat Grella, ending a years-long legal battle over the ownership and control of the brokerage and several related entities.

The agreement, reached in mediation and finalized on Monday, resolves “every single one” of the lawsuits between the two NEXA founders, Kortas said in an exclusive interview with HousingWire. Court filings indicated that a 2024 suit between the two was in closed status.

The settlement ends litigation that followed Grella’s termination from NEXA in 2024. Among details ⇒

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