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Founder of Shark Tank-backed startup Scholly sues his acquirer Sallie Mae

Chris Gray, founder of the popular scholarship app Scholly, is taking legal action against Sallie Mae. He claims wrongful termination and data misuse after selling his company. This case highlights significant concerns over corporate ethics...

TechCrunch· Apr 29, 2026 · 7:24 AM · 114 views

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Chris Gray, founder of the popular scholarship app Scholly, is taking legal action against Sallie Mae. He claims wrongful termination and data misuse after selling his company. This case highlights significant concerns over corporate ethics and student data protection. #SharkTank #Lawsuit #DataPrivacy #Fintech #Scholly

Originally reported by TechCrunch. Read the full story →

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