Trophy Automotive Dealer Group LLC (“TADG”), a leading automotive dealer group operating in California, announces that it has reached a final and global settlement of all disputes between TADG and Byron Z. Moldo, the court appointed receiver for the Sage Group of auto dealerships (the “Receiver”).

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LOS ANGELES, June 12, 2023 /PRNewswire/ — In June and October 2019, various TADG subsidiaries filed complaints against the Receiver and various Sage entities for specific performance and breach of contract arising from transactions between the parties in 2017 giving rise to various…