Iowa Judge Orders Stem Cell Executive to Pay Nearly $1M for Misleading ConsumersAn Iowa judge has ordered Travis Broughton, an Omaha stem cell executive, and his two companies to pay nearly $1 million for misleading Iowans about the effectiveness of their regenerative medicine injections. The ruling found that Broughton and his companies violated the Iowa Consumer Fraud Act by claiming their expensive treatments could cure chronic conditions and reverse aging and disease. The judge also noted that most Iowa consumers received exosomes, cell fragments, rather than the advertised stem cells, and that Broughton failed to provide scientific evidence for his claims. The judgment includes over $810,000 in restitution to 76 Iowa consumers, $160,000 in civil penalties, and an additional $20,000 in enhanced penalties for targeting older consumers.
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