Lunes, Abril 18, 2016

Theranos under criminal investigation, SEC probe

Theranos Inc. is under criminal investigation by federal prosecutors and the Securities and Exchange Commission, the company said Monday, only hours after billionaire CEO Elizabeth Holmes insisted in a television interview that the blood-testing company would survive.

Theranos was valued at about $9 billion by private investors, including Draper Fisher Jurvetson, before a series of Wall Street Journal articles in the fall raised questions about whether the company had exaggerated the effectiveness…


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