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Theranos conducted medically invalid blood tests and sent the results of those test to patients. Zenefits sidestepped some occupational licensing rules that on
by harryh 9y ago
Theranos conducted medically invalid blood tests and sent the results of those test to patients.
Zenefits sidestepped some occupational licensing rules that only exist to protect the market of incumbents.
- jacquesm 9y agoCorrect. Which is why there are substantially different levels of punishment meted out. And I'd be happy if they were harsher in both cases.
- gamblor956 9y agoWell, no. Theranos made fraudulent misrepresentations about their technology, which was used as the basis for medical treatment for at least some patients. Zenefits made fraudulent representations about the training of their sales representatives, many of who know diddly squat about what plans they were actually selling to companies, and Zenefits' incompetence in actually transcribing data across incompatible systems. This resulted in numerous employees being denied timely access/use of their benefits, including health insurance. Zenefits absolutely belongs in the same category as Theranos and both companies should thank their lucky stars that their executives aren't in prison cells right now.