BloomTech (YC S17) Faces Class Action Lawsuit for Job Claims, Unlicensed Lending

Overall, the complaints about job placement rates seem valid. It's hard not to read all the material that's been published and make the not determination that they're being dishonest by claiming a 75 percent job placement rate.

While previous lawsuit and arbitration cases were from individual students, this is a class action lawsuit. They're accused of lying about placement rates, operating illegally, and unlicensed lending.