In the ongoing JPMorgan fraud trial, Charlie Javice, founder of the financial aid platform Frank, called notable witness Marc Rowan, co-founder of Apollo Global Management. Rowan testified about his positive impression of Javice and her vision for Frank during their first meeting in 2017, noting little direct involvement in the controversial JPMorgan merger. Federal prosecutors allege that Javice and her partner misrepresented Frank’s user data to secure a $175 million acquisition, but Rowan's testimony highlights Javice's potential and market approach regardless of the ongoing legal troubles.
Rowan praised Javice, expressing favorable impressions about her leadership and vision for Frank, describing their initial meeting as showcasing her interesting market strategy.
Despite his substantial investment, Rowan testified he had minimal involvement in the JPMorgan merger, highlighting the challenges faced by entrepreneurs in such high-stakes deals.
Collection
[
|
...
]