The chief executive of one of the nation’s largest auto dealer networks, with nine locations in Maine, is alleging that his largest investor has engaged in financial misconduct.
Prime Automotive Group CEO David Rosenberg – son of Ira Rosenberg, a colorful and longtime Maine auto dealer – filed a lawsuit in Massachusetts that, among other things, alleges the investor is running a Ponzi scheme by using new investment money to pay returns to existing investors.
Prime Motor Group CEO Accuses Primary Investor of Financial Misconduct Prime Motor Group CEO Accuses Primary Investor of Financial Misconduct View Article