23andMe filed for Chapter 11 bankruptcy and your data is?

As of Friday 3/28/25, the firm’s shares were worth less than a dollar.

If you are charged with a crime you’re part of the State of Michigan family now. Call us – Because you don’t want to be a part of that family.

Komorn Law (248) 357-2550

Genetic testing service 23andMe said on March 23 that it filed for Chapter 11 bankruptcy protection — an effort to keep the company running while reorganizing its debts.

The California-based company, founded in 2006, is facing significant challenges as it grapples with uncertain prospects, having drastically downsized its workforce last year and experienced ongoing financial difficulties since its public offering in 2021, exemplified by its current situation where consumer advocates are urging its 15 million global customers to remove their personal data to safeguard it against potential buyers.

In 2023, a breach occurred, compromising the profiles and genetic data of millions of users.

Just months after commencing trading on the Nasdaq in June 2021, the company reached a valuation of up to 5.8 billion dollars. However, by the year’s end, it had seen its value nearly halved. In 2023, a breach occurred, compromising the profiles and genetic data of millions of users.

Read more here and see graphics at what used to be a good thing CNN

Michigan AG Nessel Urges 23andMe Users to Consider Deleting Accounts Amid Bankruptcy

“23andMe collects and stores some of the most sensitive personal information, our genetic code,” Nessel said. “With the company now in bankruptcy, customers should be aware of the potential risks and consider deleting their accounts to protect their data.” 

Read more about it here and how to delete your DNA file and data.

Stolen, misused, sold, given to the government, whatever. Regrets will be many for doing it when they had the feeling it wasn’t a wise thing to do.

Attorney Michael Komorn

Attorney Michael Komorn

State / Federal Legal Defense

With extensive experience in criminal legal defense since 1993 from pre-arrest, District, Circuit, Appeals, Supreme and the Federal court systems.

KOMORN LAW (248) 357-2550

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