JP Morgan Chase is very angry as it has to pay legal fee of the 32-year-old startup CEO charged of defrauding America’s largest bank of $175 million; calls it …
JPMorgan Chase is reportedly seeking to end its obligation to pay legal fees for Charlie Javice, the founder of Frank, who was found guilty of defrauding the bank. Despite a contract clause, JPMorgan argues the $60.1 million already advanced for her defense and appeal is “patently excessive and egregious,” citing multiple law firms and high hourly rates.