Sparta Commercial Services Litigation Against DZ Bank to Proceed to Trial

New York, NY., May 13, 2015 — Sparta Commercial Services, Inc. (OTCQB: SRCO) today announced that the United States District Court for the Southern District of New York has denied DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch’s (“DZ Bank”) motion for summary judgment, allowing the company to proceed on its claim for breach of the implied covenant of good faith and fair dealing against the New York branch of DZ Bank, one of the largest banks in Germany.

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