Nexa ordered to pay Platinum One $280,000 in damages
By: Colin McNamara | Published: 2026-01-30 15:16:36 | Source: www.nationalmortgagenews.com
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The latest chapter in the legal battles between Nexa Mortgage cofounders favored Mat Grella and his company, Platinum One Lending, as a Michigan judge dismissed Nexa CEO Mike Kortas’ claims.
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Judge Michael Warren ruled that $350,000 transferred to Platinum One was an equity investment from Nexa, not a loan, like Kortas claimed. He also awarded Platinum One more than $281,000 in…
