JPMorgan challenges Charlie Javice's $78 million legal defense fees, citing $161 seafood tower and $530 in gummy bears [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
The bank claims Javice's lawyers milked that for all its worth, submitting 15 pounds of receipts. Her $78 million legal defense was overstaffed and included tons of unusual expenses, the bank said. $161 for a seafood tower? Seems fishy. That's what JPMorgan Chase 's lawyers told a Delaware judge on Friday in an effort to get out of paying the rest of Charlie Javice's legal bill. The bank sued Javice in late 2022, claiming that she and her cofounder, Olivier Amar, had faked data to inflate the value of their startup, Frank, which JPMorgan Chase paid $175 million to acquire. But Javice won an order requiring the bank to advance her legal fees, which is common in merger agreements Three years later, JPMorgan claims that Javice and her lawyers have milked that order far past the point of what's reasonable. The 15 pounds of receipts submitted for reimbursement include high-end hotels, first-class flights, $530 in gummy bears, "copious amounts of alcohol," and "a $581 dinner for
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News
- Disgraced millennial Frank founder Charlie Javice hits JPMorgan with $74 million legal bill, including $530 in gummy bears and $347 ‘afternoon snack' [Yahoo! Finance]Yahoo! Finance
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- JPMorgan challenges Charlie Javice's $78 million legal defense fees, citing $161 seafood tower and $530 in gummy bears. [Business Insider]Business Insider
JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/23/25 - Form 424B2
- 12/23/25 - Form 424B2
- 12/23/25 - Form 424B2
- JPM's page on the SEC website