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.

Apr 29, 2026 - 00:30
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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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