Attorney General Announces Lawsuit Against New York City Stem Cell Clinic

Attorney General Letitia James today announced a lawsuit filed against Park Avenue Stem Cell, a New York City for-profit stem cell clinic, and its managing doctor, Dr. Joel B. Singer, M.D., for allegedly engaging in fraudulent and illegal advertising regarding its stem cell procedures.

The lawsuit alleges that the clinic falsely advertised their ability to treat a number of diseases with a patients own stem cells. The clinic charged as much as $4,000 per procedure to patients, with many patients paying for multiple procedures. The Attorney General’s office said that while stem cells have a promising future, there is currently no adequate scientific substantiation that stem cells can effectively treat any of the diseases the clinic advertised. It is also alleged that the clinic falsely claimed that their procedures were FDA-approved.

The Attorney General said:

“Misleading vulnerable consumers who are desperate to find a treatment for serious and painful medical conditions is unacceptable, unlawful, and immoral. We will continue to investigate these types of clinics that shamelessly add to the suffering of these consumers by charging them thousands of dollars for treatments that they know are unproven.”