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Texas sues CBR for deceptive marketing of private cord blood banking, claiming false medical benefit claims and emotional exploitation.
Texas Attorney General Ken Paxton has sued CBR Systems, alleging the company used deceptive marketing to convince parents to pay for private cord blood banking, falsely suggesting it offers significant medical benefits despite the extremely low chance a child would ever need their own stored blood.
The lawsuit claims CBR exploited parents’ emotions for profit, violating Texas consumer protection laws, and emphasizes that most transplants come from public banks where donations are free.
Private storage costs $210 annually for blood and $420 for blood and tissue, with a $1,295 initial fee.
Paxton seeks penalties and an injunction to halt the alleged practices.
Texas demanda a CBR por comercialización engañosa de bancos privados de sangre del cordón umbilical, alegando reclamos falsos de beneficios médicos y explotación emocional.