In a contentious legal showdown, JPMorgan Chase (NYSE:JPM) is pushing back against nearly $74 million in legal fees claimed by Charlie Javice, the founder of the student aid platform Frank. This dispute stems from the bank’s 2021 acquisition of Frank for $175 million, a deal that unraveled amid allegations of widespread fraud. As of early 2026, the battle highlights the hidden perils of high-stakes fintech mergers, where post-deal obligations can spiral into considerable and unreasonable costs.The saga bega ...