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BloomTech (YC S17) Faces Class Action Lawsuit for Job Claims, Unlicensed Lending
- sandofsky 4y agoWhile previous lawsuit and arbitration cases were from individual students, this is a class action lawsuit. They're accused of lying about placement rates, operating illegally, and unlicensed lending.
- adubashi 4y agoOverall, the complaints about job placement rates seem valid. It's hard not to read all the material that's been published and make the not determination that they're being dishonest by claiming a 75 percent job placement rate.
- sandofsky 4y agoI believe 75% was their revised number after the first set of leaks. Originally, they claimed 86%. https://web.archive.org/web/20190930144525/https://lambdaschool.com/ https://web.archive.org/web/20190930144525/https://lambdasch... Some good background on their numbers games: https://applieddivinitystudies.com/lambda-lies/ https://applieddivinitystudies.com/lambda-lies/