Sunday, May 19, 2024
AD

    DeVos Has Invested Millions Into Company Claiming To Treat ADHD, Autism

    22
    0

    There have been many “brain training” companies over the decades making claims to help “improve student performance” their effectiveness is always questionable, especially when much of their research comes from self assessment only – PB/TK 

    DeVos Has Invested Millions Into Company Claiming To Treat ADHD, Autism – By Josh O’Keefe / Aug 11 2017

    Betsy DeVos didn’t divest her multi-million dollar stake in a controversial “brain training” company when she became Donald Trump’s education secretary. Now, as the Better Business Bureau is accusing the company of making unsubstantiated claims in its advertising, financial records show DeVos has actually increased her stake in the company by more than $1 million in recent months.

    DeVos, a billionaire heiress, longtime Republican donor and charter school advocate, served on the board of Neurocore LLC from February 2009 to November 2016, when she stepped down from the company to serve in the Trump administration. Disclosure forms filed in January with the Office of Government Ethics showed that DeVos had a stake in the company worth between $5 and $25 million. (Financial disclosure forms show a value range for assets, not a particular dollar amount.)

    Since DeVos was confirmed as education secretary in February, she has twice increased her stake in the company, investing between $1,000,001 and $5,000,000 on April 7 and between $250,001 and $500,000 on June 13, according to documents reviewed by the International Business Times.

    Ethics experts questioned DeVos’ decision to increase her investment in Neurocore, especially after questions were raised about her holdings in the company during her confirmation process.

    Continue to ibtimes.com article: http://www.ibtimes.com/political-capital/devos-has-invested-millions-company-claiming-treat-adhd-autism-2577272

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here