Greg Maxwell has suggested that quite a few implementations of SSS are broken: "FWIW, virtually every SSS thing I've seen out there is just wrong in at least some less serious way. In general I've found secret sharing to be part of a pretextual security practice that seldom helps users against realistic threats, and the thoughtlessness of using it is usually reflected in the implementation." - https://np.reddit.com/r/Bitcoin/comments/72dfy1/armory_walle...
Here is one seriously broken implementation he discovered: https://bitcointalk.org/index.php?topic=2199659.0