Audit by Treasury department bureau includes $175mn Frank acquisition that prosecutors allege was tainted by fraud| www.ft.com
JP Morgan paid $175 million for a startup it believes it was conned into buying. Now, amid an ongoing legal battle, it’s got to clean up a very public mess.| Forbes
The former Frank CEO said JP Morgan had full knowledge of Frank’s customer data before the acquisition—and Chairman Jamie Dimon personally pushed for it to happen.| Forbes
On Thursday, the trial judge had bad news for Javice: she'll have to share the defense table with a codefendant planning to attack her.| Business Insider
“There were definitely times where I painted a rosier picture than things truly were,” Frank founder Charlie Javice said months before JP Morgan bought her startup for $175 million.| Forbes
JP Morgan is suing the founder of a Mark Rowan-backed startup it acquired, claiming the fintech, Frank, had sold the financial giant on a “lie.”| Forbes