Javice’s legal team countered that JPMorgan was fully aware of what it was buying but cried fraud only after the deal soured. At the heart of the trial was the definition of a “user.” Prosecutors insisted that a Frank user was someone who had actively created an account and provided personal data, while the defense argued a broader interpretation, akin to website traffic metrics used by Google Analytics.
From “30 Under 30” to Infamy
Javice was once celebrated as a rising star in entrepreneurship, earning a coveted spot on Forbes’ “30 Under 30” list in 2019. However, following the indictment, she was unceremoniously inducted into Forbes’ “Hall of Shame,” alongside disgraced figures like Theranos’ Elizabeth Holmes, FTX’s Sam Bankman-Fried, and Martin Shkreli.
The Legal Battle and Its Key Players
The prosecution was led by Micah Fergenson, Rushmi Bhaskaran, Nicholas Chiuchiolo, and Georgia Kostopoulos of the U.S. Attorney’s Office for the Southern District of New York.
Javice’s defense was mounted by a high-powered legal team from Quinn Emanuel Urquhart & Sullivan LLP, Mintz Levin Cohn Ferris Glovsky and Popeo PC, the Baez Law Firm, and Ronald Sullivan Law PLLC.