BondIT Sues JPMorgan Alleging Breach of Contract and Misappropriation of AI Technology
BondIT, a leading fixed income fintech innovator, has filed a lawsuit against JPMorgan Chase Bank, alleging that the banking giant unlawfully abandoned a long-promised strategic partnership, breached binding contracts, and misappropriated BondIT’s proprietary AI and technology. The complaint, filed in New York Supreme Court’s Commercial Division, portrays a nearly two-year saga of promises, collaboration, and ultimately, abrupt termination by JPMorgan.
