General World News

Judge grants motion to dismiss NEXA Mortgage lawsuit against former president

A judge in Arizona granted Mat Grella, the former president of NEXA Mortgage, a motion to dismiss a lawsuit filed by the company. NEXA has accused Grella of causing the failure of a $24 million hangar-office property purchase and the brokerage firm is preparing to file an amended complaint. 

The saga began in March when Grella was terminated from NEXA amid buyout negotiations. He then filed a lawsuit in which he accused partner Mike Kortas of making aircraft-related purchases with company money without his details ⇒

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