Founder of Shark Tank-backed startup Scholly sues his acquirer Sallie Mae
Gray alleges Sallie Mae laid off Scholly’s founders and sold users’ personal data, including minors’ information, without proper disclosure.
4 Articles
4 Articles
Scholly founder Christopher Gray sues Sallie Mae, alleging wrongful termination and sale of student data including minors
Christopher Gray built Scholly to help students like himself find scholarships. He grew up in Birmingham, Alabama, became the first in his family to attend college after winning $1.3 million in scholarships to Drexel University, and turned that experience into a mobile app that matched students with financial aid based on their profiles. The app […] This story continues at The Next Web
Founder of Shark Tank-backed startup Scholly sues his acquirer Sallie Mae
Chris Gray is suing his startup’s acquirer, Sallie Mae, for wrongful termination and alleging it's selling student data through a subsidiary. Sallie Mae denies the allegations and vows to fight.
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