Lawyers representing 23andMe customers whose personal details were breached in a damaging hack on the genetics testing company made an unusual request in September.
They pushed for a cut-price $30mn settlement as the “dire financial condition” of the once high-flying start-up could otherwise leave claimants without any compensation at all, according to court documents seen by the Financial Times.
That request epitomises the fall of a company that transformed its chief executive and founder Anne Wojcicki, ex-wife of Google founder Sergey Brin, into a paper billionaire when it floated three years ago.
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