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JPMorgan Chase wants out of paying $115M legal fees

October 26, 2025

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The Business Guardian

For nearly three years, JP Morgan Chase has picking up the legal tab of Charlie Javice and Olivier Amar, the two convicted fraudsters who sold their financial aid startup Frank to the bank.

- CORRESPONDENT

JPMorgan Chase wants out of paying $115M legal fees

But the two have racked up an astronomical, nine-figure legal bill that far exceeds any reasonable amount the two may have needed for their defense, the bank said in a court filing late Friday. Chase shouldn't have to pay and its agreement as part of the startup purchase to shoulder the costs should end, the bank argued.

المزيد من القصص من The Business Guardian

The Business Guardian

The Business Guardian

Go to nature to feel better

In the fast-paced rhythm of modern life, where stress, anxiety, and restlessness have become constant companions, reconnecting with nature offers a profound source of healing and spiritual rejuvenation.

time to read

2 mins

December 19, 2025

The Business Guardian

The Business Guardian

RBI ANNOUNCES RS 30,000 CRORE G-SEC UNDERWRITING AUCTION

According to the RBI, the Government of India has notified the sale (re-issue) of two Government Securities through an auction scheduled for tomorrow.

time to read

2 mins

December 19, 2025

The Business Guardian

The Business Guardian

WHATEVER HAPPENS IS FOR GOOD: EMBRACING LIFE WITH FAITH

Life is a series of experiences joys, sorrows, successes, and setbacks.

time to read

2 mins

December 19, 2025

The Business Guardian

The Business Guardian

Mumbai International Airport sets new record with 1.76 lakh passenger traffic on Nov 29

Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) set new records for passenger traffic in November 2025.

time to read

1 mins

December 19, 2025

The Business Guardian

The Business Guardian

CCI takes cognizance of information filed against IndiGo

The Competition Commission of India (CCI) has decided to launch an inquiry into the issue of flight disruptions at IndiGo, taking cognizance of Information filed against the airline.

time to read

2 mins

December 19, 2025

The Business Guardian

The Business Guardian

Indian stock market ends on muted note; IT stocks remain key support

Domestic benchmark indices on Thursday ended on a muted note in the volatile trade with Sensex down 77.84 points or 0.09% at 84,481.81, and the Nifty was down 3 points or 0.01% at 25,815.55.

time to read

1 mins

December 19, 2025

The Business Guardian

The Business Guardian

THE DEAD CANNOT CONSENT: WHY WE NEED POSTHUMOUS PRIVACY LAWS

A new area of concern has emerged since the 2020 death of actor Sushant Singh Rajput.

time to read

3 mins

December 19, 2025

The Business Guardian

The Business Guardian

The Power of Words: Shaping reality through speech

Words are not merely sounds we utter; they are powerful vibrations that shape our thoughts, emotions, and reality.

time to read

2 mins

December 19, 2025

The Business Guardian

The Business Guardian

Rupee likely to bounce back in second half of next fiscal: SBI Report

The Indian Rupee, which has been under pressure in recent times, is likely to bounce back strongly in the second half of the next financial year, from October 2026 to March 2027, according to a report by the State Bank of India (SBI).

time to read

2 mins

December 19, 2025

The Business Guardian

The Business Guardian

Balaji Mannem Conferred Honorary Degree by California Public University (USA)

Mr.

time to read

1 min

December 19, 2025

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