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☆ Misleading Ads Fueled Rapid Growth of Online Mental Health Companies
▼ + stars: | 2022-12-27 | by ( Khadeeja Safdar | Andrea Fuller | ) www.wsj.com time to read: 1 min

In an advertisement on Facebook and Instagram, a middle-aged man holding a dumbbell says testosterone “literally changed my life,” restoring his energy and happiness. What the October ad from telehealth startup Hone Health doesn’t say is that the unidentified man is an actor who has never used the prescription drug. It doesn’t mention that testosterone is approved by the Food and Drug Administration only for men with specific disorders and that among its risks are heart attacks and stroke.

☆ Adidas Top Executives Discussed Risk of Staff’s ‘Direct Exposure’ to Kanye West Years Ago
▼ + stars: | 2022-11-28 | by ( Khadeeja Safdar | Inti Pacheco | ) www.wsj.com time to read: 1 min

Adidas AG’s chief executive and senior leaders in Germany discussed as far back as four years ago the risk of continuing a relationship with Kanye West that they feared could blow up at any moment, according to people familiar with the matter and documents reviewed by The Wall Street Journal. A 2018 presentation to members of the Adidas executive board, a group that included CEO Kasper Rorsted and the head of human resources, highlighted the risks for employees interacting with Mr. West and detailed mitigation strategies for the relationship with the Yeezy creator, including cutting ties with the rapper-turned-designer, documents show.

☆ Jeffrey Epstein Accusers Sue Deutsche Bank and JPMorgan Chase
▼ + stars: | 2022-11-24 | by ( Khadeeja Safdar | David Benoit | ) www.wsj.com time to read: 1 min

Deutsche Bank was fined by New York state’s financial regulator in 2020 for failing to properly monitor its dealings with Jeffrey Epstein and other lapses. Women who accused Jeffrey Epstein of sexual abuse are suing Deutsche Bank AG and JPMorgan Chase & Co., saying the banks facilitated Epstein’s alleged sex-trafficking operation and ignored red flags about their wealthy client. The two lawsuits seek class-action status and unspecified financial damages. They were both brought by lawyers that have represented many of the late financier’s accusers. The suits were filed in federal court in New York on Thursday.

☆ Jeffrey Epstein Accusers Sue Deutsche Bank, JPMorgan
▼ + stars: | 2022-11-24 | by ( Khadeeja Safdar | David Benoit | ) www.wsj.com time to read: 1 min

☆ Newman’s Own Foundation CEO Plans to Leave Amid Family Fight
▼ + stars: | 2022-11-13 | by ( Khadeeja Safdar | ) www.wsj.com time to read: 1 min

The chief executive of Newman’s Own Foundation is preparing to leave, and the nonprofit has been searching for a new leader, as the organization contends with a legal challenge by members of the late Paul Newman’s family. Miriam Nelson , who became CEO in January 2020, said she told the foundation’s board in the spring that she planned to retire at the end of the year. “I am confident that the board of directors will soon find a CEO that will continue the strategic road map that we started,” Dr. Nelson, 62 years old, said in a statement to The Wall Street Journal.

☆ Cerebral to Cut About 20% of Staff as Its Operations Shrink
▼ + stars: | 2022-10-24 | by ( Khadeeja Safdar | Rolfe Winkler | ) www.wsj.com time to read: 1 min

Cerebral said in a memo that the moves would affect all of the company’s divisions. Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand and lower growth targets. In a memo to staff on Monday, Chief Executive David Mou said the changes would be spread across all divisions, including headquarters, clinical-care teams and support staff. He said employees would be notified over the course of the week, according to the memo, which was viewed by The Wall Street Journal.

☆ Cerebral to Cut About 20% of Workers as It Shrinks Operations
▼ + stars: | 2022-10-24 | by ( Khadeeja Safdar | Rolfe Winkler | ) www.wsj.com time to read: 1 min

Cerebral said the moves would be spread across all of its divisions. Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand and lower growth targets. In a memo to staff on Monday, Chief Executive David Mou said the changes would be spread across all divisions, including headquarters, clinical-care teams and support staff. He said employees would be notified over the course of the week, according to the memo, which was reviewed by The Wall Street Journal.

☆ Mental-Health Startup Cerebral Investigated by FTC
▼ + stars: | 2022-06-14 | by ( Rolfe Winkler | Khadeeja Safdar | ) www.wsj.com time to read: 1 min

Mental-health startup Cerebral was subpoenaed last month by federal prosecutors as part of an investigation into possible violations of the Controlled Substances Act. The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent the company that was reviewed by The Wall Street Journal. In the letter dated June 1, the FTC said it was investigating whether Cerebral engaged in deceptive or unfair practices related to advertising or marketing of mental-health services. The letter also directed the company to preserve documents.

On Monday, Sept. 8, 2014, Jeffrey Epstein had a full calendar. He was scheduled to meet that day with Bill Gates , Thomas Pritzker , Leon Black and Mortimer Zuckerman, four of the richest men in the country, according to schedules and emails reviewed by The Wall Street Journal. Epstein also planned meetings that day with a former top White House lawyer, a college president and a philanthropic adviser, three of the dozens of meetings the Journal reported he had with each of them.

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