SEC charges uBiome co-founders with $60 million fraud

Jessica Richman and Zachary Apte, co-founders of San Francisco medical testing company uBiome, were charged Thursday by the Securities and Exchange Commission with defrauding investors of $60 million by misrepresenting the company's performance and growth prospects. In the civil fraud complaint filed in a San Francisco federal court, the SEC alleges that Richman, the company's CEO, and Apte, its chief scientific officer, raised money from investors — and generated millions for themselves — by…