Me’s bankruptcy estate won court approval to remove about 157,000 potentially fraudulent claims for compensation from the DNA testing firm over a 2023 data breach that exposed private customer data.

The latest update is out from 23andMe Holding ( (MEHCQ) ).

Filing for bankruptcy can significantly impact both companies and their stakeholders, as seen in recent high-profile cases.

“Good Morning America” anchor Whit Johnson revealed that his 23andMe test was a “missing link” that led to a “bombshell” discovery for his family after the company filed for bankruptcy — sparking ...

From the San Francisco Business Times: An investment firm believes it can make financial lemonade out a soured 23andMe asset if a U.S. Bankruptcy Court judge approves the sale of telemedicine company ...

A bankruptcy filing can stay on your credit report for up to 10 years. The immediate drop can be steep, often more than 100 ...