People chipping company hit by class actions, FDA probe

12:42 - Wednesday 12 June 2002 by The Register
Source: Tom's Hardware – Keywords: people, chipping, company, hit, by, class, actions Category : Miscellaneous

The pseudo-cyborging activities of Applied Digital Solutions and Digital Angel have run into serious trouble in the shape of a comprehensive axing by WorldNetDaily, which published a special report on the subject yesterday.

Among the woes the site lists are a US Food and Drug Administration investigation, at least four class action lawsuits by stockholders, problems with its contract with the California Department of Corrections, and several instances of what one might term overly-optimistic claims by ADS as to the existence of products and the substance of claimed deals with various government agencies, hospitals and the like.

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