Prime Automotive’s majority owner GPB agrees to pay former CEO Rosenberg M in settlement

Prime Automotive’s majority owner GPB agrees to pay former CEO Rosenberg $30M in settlement

Primary Automotive Group’s the vast majority operator GPB Funds Holdings agreed to pay back New England vendor and previous Primary CEO David Rosenberg $30 million to settle a lawsuit filed by Rosenberg in 2019, in accordance to a Monday regulatory filing. The settlement arrives inside times of GPB’s prepared sale of Prime dealerships to Team

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