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Enlarge / Theranos CEO Elizabeth Holmes speaks at the Clinton Global Initiative Annual Meeting in New York City on September 29, 2015. (credit: CNBC / Getty Images News) If it’s not one thing, it’s another in the dizzying downward spiral of Theranos, the once-darling of Silicon Valley biotech. On Friday, the Wall Street Journal reported […]
Photo: Getty The Wall Street Journal has yet another essential report from inside the meltdown of biomedical company Theranos. The company, which is currently the subject of a criminal probe for allegedly misleading investigators and government investigators, is reportedly offering investors more shares in exchange for a promise not to sue them. Advertisement The Theranos […]
Enlarge / Elizabeth Holmes, Theranos CEO. (credit: Getty | CNBC) Theranos CEO and founder Elizabeth Holmes is planning to give up some of her personal shares to investors who pledge not to sue the disgraced blood-testing company, the Wall Street Journal reports. The deals would only involve investors from the last round of funding, which […]
