Health care

Q&A: Picking up the pieces of HDL

In the midst of integrating the beleaguered HDL with his own blood testing firm, True Health Diagnostics CEO Chris Grottenthaler sat down with BizSense to talk about the challenges of bringing the two companies together and how he was able to see past HDL’s baggage.

HDL creditors to investigate execs, board members

A bankruptcy judge gave a group of HDL’s creditors the go-ahead to conduct an investigation into the reported massive amounts of cash paid out to some of the company’s former executives and most of its current board members.

HDL creditors call for investigation into reported insider payments

With reported shareholder payments and sales commissions allegedly totaling some $339 million, a group of creditors has asked for court permission to launch an investigation that could potentially unearth money owed to the Chapter 11 estate.

HDL buyer to dissolve brand

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The Health Diagnostic Laboratory name that was once a point of pride for the Richmond startup scene will eventually vanish under new ownership. But the firm will continue to operate downtown, and a portion of its workforce will hold onto their jobs.

Judge approves $37M sale of HDL

With very little courtroom drama, HDL was given the OK on Wednesday to sell the bulk of its assets to a Texas lab company.

Connecting the dots between HDL and its buyer

A Texas company is ready to close a $37 million deal to buy HDL. But the two companies’ paths and key players have overlapped in the past – and in relation to the sales techniques that put HDL under the Justice Department’s microscope.

HDL founder entangled in insurer lawsuit

HDL co-founder Tonya Mallory has another major legal battle to face as an insurance firm that previously sued HDL expands its suit to include her as a defendant.