JPMorgan Chase & Co. is once again grappling with the aftershocks of its ill-fated 2021 acquisition of the student-loan startup Frank —this time in the form of a staggering $115 million in legal fees. As first reported by Bloomberg, the sum covers defense costs for Charlie Javice and Olivier Amar, the two executives convicted of defrauding the bank in one of the most closely watched white-collar cases on Wall Street. The revelation came shortly after Javice received a seven-year prison sentence, marking the latest chapter in a saga that has captivated both the financial and legal worlds. The $115 million price tag represents roughly two-thirds of the $175 million JPMorgan paid for Frank—a company prosecutors say inflated its user base by fabricating millions of fake student accounts. A Delaware court had previously ruled that JPMorgan was contractually obligated to advance legal costs under the terms of the Frank merger agreement.