4 ms·

There are a lot of surprises here. I'm surprised this wasn't settled confidentially out of court, since Javice presumably doesn't want to go to prison and JPM d

There are a lot of surprises here. I'm surprised this wasn't settled confidentially out of court, since Javice presumably doesn't want to go to prison and JPM doesn't want all this publicity as the bank that paid 9 figures for a fake excel sheet they were gonna use to spam people. Don't get me wrong, I think it's a good thing that this fraud will be punished... I'm just surprised, either Javice is incredibly stupid/arrogant or someone in JPM was really mad and wanted to press the nuclear button, because a "renegotiation" after a "record keeping error" would have left both parties a lot better off.

phonon 3y ago
She sued them first! They would have probably agreed to settle things quietly. Nope, she wanted them to cover (all!) her legal expenses associated with the internal investigation.[0] [0] https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/r_2purB7W4lo/v0 https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/r_2purB7...
- dmix 3y ago
  Yep she also denied it for months and made up excuses even though they gave her plenty of opportunities to admit it She deserves jail and her lawyers will be dumb to ask for anything but plea