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Charlie Javice Duped JPMorgan Out of $175 Million. The Bank is Picking Up Her Legal Tab
摩根大通摩根大通(US:JPM) MINT·2025-10-07 19:24

(Bloomberg) -- JPMorgan Chase & Co. was hit with 115millioninlawyers’billsforCharlieJaviceandasecondexecutiveconvictedofdefraudingthebank,yetanothertwistinayears−longlegalsagathat’scaptivatedWallStreet.Thedefensetab,revealedlastweekwhenJavicewassentencedtosevenyearsinprison,isroughlytwo−thirdsofthe115 million in lawyers’ bills for Charlie Javice and a second executive convicted of defrauding the bank, yet another twist in a years-long legal saga that’s captivated Wall Street. The defense tab, revealed last week when Javice was sentenced to seven years in prison, is roughly two-thirds of the 175 million the bank paid for Javice’s student-finance company, Frank. A Delaware court previously ruled that the terms of that deal required the bank to cover ...