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SEC charges former executives of pharmacy startup

From Times Sources
Posted 9/18/24

WASHINGTON, D.C. — On Tuesday, The Securities and Exchange Commission charged now-defunct digital pharmacy startup Medly Health Inc’s. co-founder and former CEO, Marg Patel, former CFO, Robert Horowitz, and former Head of Rx Operations, Chintankumar Bhatt, with defrauding investors in connection with capital raising efforts that netted the company over $170 million.

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