Since 2013, the cancer-screening company LabMD has been fighting meritless allegations from the Federal Trade Commission. On November 13, 2015 the FTC’s chief administrative-law judge dismissed the agency’s complaint but it was too late. The reputational damage and expense of a 6-year federal investigation forced LabMD to close last year.
Hounded Out of Business by Regulators
This is a great example of an enterprise risk.
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