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JPMorgan Chase & Co.'s Frank Acquisition...

Murray, Meghan, Sh...

Case

JPMorgan Chase & Co.'s Frank Acquisition: Buyer’s Remorse or Fraud?

Murray, Meghan; Shaloudegi, Koushyar

BC-0320 | Published July 29, 2025 | 8 Pages Case

Collection: Darden School of Business

Product Details

The case opens with a federal jury decision to convict Charlie Javice, founder of fintech company Frank, of inducing JPMorgan Chase & Co. (JPMorgan) to acquire Frank under fraudulent circumstances. The case covers the bank’s strategy of growth through acquisition, gives an overview of the fintech space and details of Javice's trial, and challenges JPMorgan's Global Head of Communications to determine what public statement to make about the situation. This case is appropriate for graduate-level business students, focusing on financial communication, positioning, and corporate statements. It is designed to last approximately 80 minutes and can be taught in person or virtually.

1. Grow familiarity with the fintech space and commercial banking. 2. Understand the basics of corporate law. 3. Practice communication tactics.