JPMorgan and prosecutors claim Charlie Javice fraudulently inflated the value of her startup.
But JPMorgan was ordered to pay her legal fees – totaling almost $3.8 million, new filings show.
AdvertisementAdvertisementLawyers for indicted startup founder Charlie Javice say JPMorgan Chase is defying a court order to pay almost a fifth of the nearly $3.8 million in legal bills they've racked up.
But a Delaware judge said JPMorgan still had to honor its commitment to advance Javice's legal fees under agreements it made when it acquired Frank.
AdvertisementAdvertisementThe bank's unpaid tab totals more than $835,000, Javice's lawyers claimed, amounting to about 22% of the total amount they've sought.
Persons:
Charlie Javice, —, JPMorgan Chase, they've, Olivier Amar, Frank, Abrams, Bayliss, Quinn Emanuel Urquhart, Sullivan, Michael Barlow, Mintz Levin, wasn't
Organizations:
JPMorgan, Service, Javice, Securities and Exchange Commission
Locations:
Delaware