JPMorgan doesn’t want to pay Frank founder Charlie Javice’s legal bills
In Brief Posted: 2:01 PM PST · November 15, 2025 Image Credits:Yuki Iwamura/Bloomberg / Getty Images Anthony Ha JPMorgan doesn’t want to pay Frank founder Charlie Javice’s legal bills JPMorgan Chase says it’s been billed a total of $142 million in legal fees for the defense of Charlie Javice and Olivier Amar, respectively the founder and chief marketing officer at financial aid startup Frank. JPMorgan acquired Frank for $175 million in 2021, but earlier thai year, Javice and Amar were found guilty earlier of defrauding the bank by inflating Frank’s customer count, with Javice sentenced to seven years in prison. JPMorgan is now seeking to overturn a judge’s order requiring the bank to pay the pair’s legal fees, as reported in The Wall Street Journal. …