InvestorsHub Logo
icon url

mdimport

07/13/20 3:18 PM

#199457 RE: Alyssa #199456

Defrauding the government and private insurance companies ranks right up there along with $ARYC going broke in the list of accomplishments of the company.

"... 47. These statements were materially misleading because Arrayit was not billing $2,000,000 per week in allergy tests; in fact, Arrayit was broke and had taken to paying employees and consultants in stock, and asking shareholders to help it with rent. In addition, SCHENA failed to disclose the material information that Medicare’s rules and regulations limited the use of invitro blood testing and required the number of allergens tested for to be based off of individualized medical need. ..."



https://www.justice.gov/opa/press-release/file/1283931/download