Your email has been successfully added to our mailing list.

×
-5.74030377198989E-05 0.000110531381141539 6.47310850884668E-05 -0.00088180836667589 -0.000240604221932361 -0.00246955196318395 -0.00365913831933674 -0.00448476498952085
Stock impact report

Disgraced millennial Frank founder Charlie Javice hits JPMorgan with $74 million legal bill, including $530 in gummy bears and $347 ‘afternoon snack' [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Javice was sentenced to more than seven years in prison in September, following a fraud conviction. In 2021, JPMorgan acquired Javice's startup Frank, which Javice claimed assisted millions of people in completing their federal financial aid forms. On top of the $175 million JPMorgan spent on acquiring the fraudulent firm, the bank must also pay Javice's legal fees , due to a clause in its original contract with Javice indicating it is liable for her defense bill. Javice won a ruling in 2023, requiring JPMorgan to indeed keep paying her legal tab, rejecting the bank's assertions that her fraud was outside the bounds of their initial 2021 agreement. Javice's seven-figure defense bill includes $530 spent on gummy bears, a $161 seafood tower, $710 spent at Eataly, and $347 on three charcuterie boards for an “afternoon snack,” according to the filing. Also expensed were more than $3,000 in three first-class tickets between Boston and New York, $25,800 in hotel upgrades, as well as food Show less Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JPM alerts
Opt-in for
JPM alerts

from News Quantified
Opt-in for
JPM alerts

from News Quantified