Dropbox co-founder Arash Ferdowsi just filed a $225 million lawsuit against JPMorgan Chase, accusing the financial giant of mismanaging his investment portfolio and squandering hundreds of millions of dollars. The suit alleges JPMorgan Private Wealth Advisors steered Ferdowsi into “complex, low-performing” investments with exorbitant fees, causing over $225 million in damages. Specifically,...
source: https://dailyhodl.com/2024/08/02/jpmorgan-chase-sued-for-225-as-dropbox-founder-accuses-lending-giant-of-losing-generational-wealth-mismanaging-investment-fortune/