JPMorgan sues 4 Viva Wallet execs, fintech’s majority owner
17 hours ago · JPMorgan Chase filed two lawsuits in Europe this month as developments continue in its legal dispute with Greek fintech Viva Wallet, in which it’s held a 48.5% stake since 2022.. The bank is suing Viva Wallet CEO Haris Karonis and three directors for €916 million, alleging they deprived JPMorgan of “the value of its investment in Viva” through illegal actions starting in March 2022 ...
JPMorgan files two lawsuits against Greece's Viva Wallet as legal …
1 day ago · Wall Street bank JP Morgan has filed two lawsuits over its investment in fintech Viva Wallet, the latest twist in a legal dispute between the two sides over how to value the Greek business. A ...
JPMorgan Files Two Lawsuits in Greece and UK Over Viva Wallet
1 day ago · JPMorgan Chase & Co. filed two new lawsuits over its investment in Greek fintech Viva Wallet in a messy dispute with its join venture partner Werealize.com Ltd. In a Greek lawsuit the bank is claiming €916 million ($943 million) over allegations that Viva’s chief executive officer, Haris Karonis, and three other executives deprived JPMorgan of …
JPMorgan files lawsuits over Viva Wallet in Greece, U.K.
2 days ago · JPMorgan has filed two lawsuits over its investment in fintech Viva Wallet, Bloomberg’s Sotiris Nikas reports.According to a source familiar with the matter, the bank is claiming EUR 916M, or ...
JPMorgan Sues Greece’s Viva Wallet Over ‘Unlawful Actions’
1 day ago · The legal battle between J.P. Morgan Chase and Greece’s Viva Wallet is not over.. The Wall Street banking giant has filed a pair of lawsuits related to its investment in the FinTech, Reuters ...
JP Morgan Sues Viva Wallet in Ongoing Dispute Over Valuation
1 day ago · The lawsuits centre on a disagreement over the worth of Viva Wallet, a key issue that has strained the relationship between the two companies since JP Morgan invested in Viva in 2022. The first lawsuit, filed in Greece on January 2nd, claims that Viva's CEO and three other executives took "unlawful actions" that hurt the value of JP Morgan's ...
JPMorgan files two lawsuits related to Greek fintech Viva Wallet
JPMorgan Chase (NYSE:JPM) has filed two lawsuits in connection with the financial services company's investment in the Greek fintech Viva Wallet, Reuters reported, citing a source with knowledge ...
JPMorgan files two lawsuits over Viva Wallet investment
1 day ago · JPMorgan International Finance Limited (JPMIFL), subsidiary of the US giant JP Morgan Chase & Co, filed two new lawsuits in Greece and the United Kingdom over its investment in Greek payments company Viva Wallet, in an ongoing dispute with its joint shareholder Werealize.com Ltd (WRL).
JPMorgan, Greek fintech get a roadmap to bridge their dispute
Jun 17, 2024 · A London court has laid out how Greek fintech Viva Wallet should be valued — a development that could prompt its sale after a fresh valuation. It also could help patch up differences that have spurred JPMorgan Chase, which owns a 48.5% stake in Viva, and Haris Karonis’s WRL, which owns 51.5%, to sue each other.
JP Morgan and fellow Viva Wallet shareholder WeRealize …
Feb 20, 2024 · JP Morgan has initiated legal action against WeRealize, the majority shareholder in Greek fintech firm Viva Wallet, alleging that the holding company has taken actions “to limit or circumvent our contractual and legal rights as an investor in Viva”.
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