
"NEXA isn't in the business of playing games, said NEXA CEO Mike Kortas in a statement to HousingWire. When someone or some group attempts to harm the company and all those amazing people that are part of our family, we will do everything to protect their interests. In this case, I will just let the facts speak for themselves. Kortas said that NEXA is working closely with legal counsel."
"Our focus right now is simple: protect our people, our partners, and the thousands of loan officers who count on us. Any actions taken against NEXA will be met with accountability, periodI've always believed opportunity shows a person's character. Some people use it to grow others waste it. Either way, NEXA keeps moving forward. We're not slowing down for anyone."
NEXA Lending filed a lawsuit on Nov. 5 in Maricopa County Superior Court alleging a coordinated employee raid by former loan officers, managers, and former president Mat Grella. The complaint names Grella, former branch manager Gregory Nichols, Michigan-based Platinum One Lending (in which Grella holds an ownership interest), numerous former originators and managers, Grella's wife, and 25 unnamed Doe defendants. The suit alleges recruitment of NEXA staff, unauthorized use of confidential company data, breaches of contractual obligations and duties of loyalty, and substantial financial and reputational harm. NEXA states it is working with legal counsel and seeking accountability.
Read at www.housingwire.com
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