Tag: Kathaleen McCormick

U.S. Court Ordered JPMorgan To Pay Legal Fees Of Frank Founder Charlie Javice!

Court Cases tamir - May 9, 2023

A wild startup story, indeed. Charlie Javice sold her startup Frank for $175 million. Allegedly, however, the number of users would have been inflated by more than 10-fold, JPMorgan claims in a lawsuit - and fired Javice. The U.S. DOJ has also charged Javice with the alleged $175 million fraud. A judge has ordered JPMorgan to bear the defense costs of Javice in response to the bank's lawsuit as part of her agreement to sell Frank to the bank in 2021.

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