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flag Texas sues CBR for deceptive marketing of private cord blood banking, claiming false medical benefit claims and emotional exploitation.

flag 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. flag 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. flag Private storage costs $210 annually for blood and $420 for blood and tissue, with a $1,295 initial fee. flag Paxton seeks penalties and an injunction to halt the alleged practices.

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