Tensions mount at troubled mental health startup Cerebral as another investor files a lawsuit [Business Insider]
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Source: Business Insider
The countersuit claims Access Industries cost Cerebral hundreds of millions of dollars in value. The once high-flying mental health startup has been tumbling under multiple federal investigations. The infighting at mental health startup Cerebral is in full swing after an investor filed a lawsuit alleging another of the company's backers cost Cerebral hundreds of millions of dollars in value. WestCap publicly filed the countersuit on Friday in defense of Cerebral on in Delaware against Access Industries, the investment firm founded by billionaire Len Blavatnik and another Cerebral investor. Access Industries' representative on Cerebral's board, Nami Park, is also an individual defendant in the lawsuit. Access levied the first lawsuit against WestCap and Cerebral in April It's a bleak turn of events for Cerebral, the SoftBank-backed mental health startup once valued at $4.8 billion that's since faced multiple federal investigations The startup, which launched in 2020 to pro
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