Vampires Sue LifeStance Health for Theft of Intellectual Property
Not literal vampires ... but the vampires who acquired them
The Frontier Psychiatrists tries to have some fun from time to time. The following filling was unearthed by our crack research team, however, so this article will address yet more legal action by Vampires against the predatory PE rollups. These Private Equity plays are giving sucking the blood out of the human flock a bad name! Since the private equity guys we learned about in my first installment in this epic series made their appearance, things have gone from bad to worse. Not only was the term sheet for the acquisition of Brooklyn Shadows Coven, P.C. leaked, but now the smug fellows who acquired that ancient bloodline have filed a very questionable lawsuit against Lifestance Health, whose share price has already been pummelled by the recent Hindenberg Research report announcing their short position on the publicly traded company.
Never one to miss blood in the water, in the context of recent investor class action litigation, and a 72% share price drop since publicly listing thei…