UBiome wrote to investors seeking to reassure them it is taking steps to restore credibility after the startup’s offices were searched by authorities
UBiome Inc. sent a letter to investors seeking to reassure them that the company is taking steps to restore its credibility, including introducing a new code of ethics in the next few days, after the health-care startup’s offices were searched last month by state and federal authorities.
The letter to investors, which was reviewed by The Wall Street Journal, disclosed that the U.S. Attorney’s Office for the Northern District of California “and several other U.S. and California governmental agencies” were also involved in the...
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