JPMorgan Says Javice Firms Billed Millions Just for 'Attendance' (bloomberg.com)
- Reference: 0180492929
- News link: https://slashdot.org/story/25/12/31/1817247/jpmorgan-says-javice-firms-billed-millions-just-for-attendance
- Source link: https://www.bloomberg.com/news/articles/2025-12-31/jpmorgan-says-javice-firms-billed-millions-just-for-attendance
A previously sealed Delaware court [3]filing [PDF] released Monday showed that Javice's total legal tab has reached $74 million, far exceeding the $30 million Elizabeth Holmes spent defending herself in the Theranos case. JPMorgan claims the five law firms representing Javice operated under the mindset that "someone else is paying her bills." The bank's filing focused on Quinn Emanuel and Mintz Levin, the two largest firms on Javice's defense. JPMorgan said Javice had between 16 and 29 lawyers and legal staff present every day of her six-week trial, billing an average of $360,000 daily. No more than four lawyers had speaking roles.
Among the 2,377 pages of receipts submitted for March: a Cookie Monster toddler's toy, lavender and jasmine sachets, 57 hotel room upgrades at $300 per night, and a $900 meal at Koloman, a highly rated New York restaurant. A New York jury found Javice guilty in March of misleading JPMorgan into acquiring Frank for $175 million by fabricating millions of fake users. She was sentenced in September to seven years in prison but remains free on bail pending her appeal.
[1] https://www.bloomberg.com/news/articles/2025-12-31/jpmorgan-says-javice-firms-billed-millions-just-for-attendance
[2] https://yro.slashdot.org/story/25/09/30/2230245/charlie-javice-sentenced-to-7-years-in-prison-for-fraudulent-sale-of-her-startup-to-jpmorgan
[3] https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rIT1OBw2ALso/v0
Hold them in contempt (Score:2)
Those lawyers are corrupt and taking the piss and if the judge does not hold them in contempt, they are equally so.
Nowadays, the only person who can (Score:2)
get away with that sort of in-your-face, I-does-whats-I-wants kind of bu$%sh&t is Trump. I realize that every conman is currently trying to model after the guy, but his mojo is not easily copied. He’s made of Teflon. Nothing sticks.
Bill Clinton was similar. The media called him “slick willie”. Although his shenanigans were pretty tame compared to Trump.
Re: Nowadays, the only person who can (Score:2)
Except the Constitution does not guarantee a lawyer in civil cases, only criminal.
Re: Nowadays, the only person who can (Score:2)
Sorry replied to wrong comment
Time for free legal care and a single payer in USA (Score:2)
Instead of fee for service health care, many people would prefer the government be the sole payer. Why not do this for legal help, which is actually guaranteed in the Constitution? Why should people be expected to pay $74,000,000 to defend themselves from accusations of fraud?
Fuck These Paywalled Stories! (Score:2)
I'm trying to find out why JPMorgan is defending against legal fees. If Javice was found guilty of misleading JPMorgan, then surely JPMorgan has no responsibility for her legal fees.
What am I missing?
Fuck Slashdot posting these paywalled articles!
Ode to the holidays (Score:2)
Nice to see avarice and greed on a level worthy of Dickens.
Wish I could attend her legal team's New Year's Eve party tonight, gonna be Impressive!
Re: (Score:2)
> worthy of Dickens
The names are so similar. [1]Jarndyce and Jarndyce [wikipedia.org]
[1] https://en.wikipedia.org/wiki/Jarndyce_and_Jarndyce