This. Appropriate regulation should make this an offense punishable by a large fine. There is almost no consequence to companies for bad practices.
Ideally you'd see fines in the 10%s of revenue. In egregious cases (gross negligence) like this, you should be able to go outside the LLC and recoup from equity holders' personal assets.
Ideally you'd see fines in the 10%s of revenue. In egregious cases (gross negligence) like this, you should be able to go outside the LLC and recoup from equity holders' personal assets.
Alas, if only we had consumer protections.