Investors are suing Outcome Health, a startup selling ad space on screens in doctors’ offices, for alleged fraud and breach of contract eight months after pouring $500 million into the company. First reported in The Wall Street Journal, investors Goldman Sachs, which invested $100 million into the company, Alphabet’s investment arm CapitalG, Norwest Venture Partners and Laurene Powell Jobs’ Emerson Collective Investments, which each invested $50 million, are seeking to freeze $225 million in those investments, according to the lawsuit, alleging Outcome Health misled investors by “knowingly providing false data and financial reports before the firms invested $487.5 million beginning in March,” according to the Journal report.

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