A week after microbiome startup uBiome’s offices were reportedly raided by the FBI, its cofounders have been placed on administrative leave pending the outcome of an investigation.
The board of San Francisco-based microbiome genomics startup uBiome saidthat its cofounders and co-CEOs, Jessica Richman and Zac Apte, have been placed on administrative leave. The company’s general counsel, John Rakow, has been elevated to CEO in the interim.
The statement from uBiome appears to confirm that the company’s billing practices are under investigation, however. In it, the company says there will be “an independent investigation into uBiome’s billing practices to be overseen by a Special Committee of the Board.” The startup is no stranger to controversy. It launched in 2012 with a $350,000 crowdfunding effort to develop its product, an at-home kit where customers can take a self-sample and sent it in to receive a test of their microbiomes—the hundreds of different species of bacteria in people that can affect health.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
FBI Searches Microbiome Testing Startup in Billing ProbeSpecial agents from the Federal Bureau of Investigation searched the offices of lab-test startup uBiome as authorities probe the company’s billing practices.
Lire la suite »
The FBI reportedly just raided microbiome-testing startup uBiome as part of an investigation into improper billingThe FBI raided microbiome testing startup uBiome's San Francisco offices on Friday, according to media reports.
Lire la suite »
Microbiome Startup uBiome Cofounders On Administrative Leave After Reports Of FBI RaidA week after microbiome startup uBiome’s offices were reportedly raided by the FBI, its cofounders have been placed on administrative leave pending the outcome of an investigation.
Lire la suite »
Microbiome-testing company uBiome has placed its founders on leave following an FBI raidGeneral Counsel John Rakow was named interim CEO, and uBiome said it plans to conduct an investigation of its billing practices.
Lire la suite »
uBiome Offices Searched by FBISpecial agents from the Federal Bureau of Investigation searched the offices of lab-test startup uBiome as authorities probe the company’s billing practices, according to people with knowledge of the matters.
Lire la suite »
The FBI just raided health start-up uBiome's office for billing practicesuBiome, a health-tech start-up, just got searched by the FBI as part of an ongoing investigation.
Lire la suite »
Insiders describe aggressive growth tactics at uBiome, the health start-up raided by the FBI last weekAccording to four company insiders, uBiome was routinely billing patients multiple times without their consent as part of an aggressive growth plan that focused on increasing the number of billable tests served. The company also pressured its on-staff doctors to approve tests with minimal oversight.
Lire la suite »
Man at center of FBI case: Tom Izzo 'flat out' refused to pay for a recruitBrian Bowen wanted to go to Michigan State, but Spartans coach Tom Izzo refused to pay him to play, according to federal court testimony.
Lire la suite »
FBI to meet with Florida officials on election hacking detailed in Mueller reportFBI officials are set to meet with Florida Gov. Ron DeSantis and US Sen. Rick Scott about concerns that Russians hacked at least one Florida county ahead of the 2016 election, detailed in the Mueller report
Lire la suite »
FBI agent allegedly took bribes from realtor friend to provide D.C. apartment tenant information'Sup Bro! Take a look at this tenant list...See if you can get numbers them [sic] please,”
Lire la suite »