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Theranos Settles SEC Lawsuit With CEO Elizabeth Holmes Stripped of Control

Bloomberg

Theranos Inc. and its founder Elizabeth Holmes agreed to settle U.S. allegations that they raised more than $700 million from investors through an elaborate fraud in which they exaggerated or made false statements about their technology,…

Theranos founder Elizabeth Holmes charged with 'massive fraud'

USA TODAY / Technology

The young founder of the blood analysis company was a billionaire on paper but her promises never materialized.

Theranos chief executive Elizabeth Holmes charged with massive fraud

The company fell from grace after it was discovered that its proprietary technology was not being used in its blood tests.

Theranos executives charged with 'massive fraud' by SEC

NBC News / Business

Bloodbath continues for Theranos execs in new fraud charge

Theranos and its founder Elizabeth Holmes charged with 'massive fraud'

Federal agency calls disgraced firm, which allegedly deceived investors of $700m, ‘an important lesson for Silicon Valley’

The Blood Unicorn Theranos Was Just a Fairy Tale

Bloomberg / News

It has been pretty obvious for a few years now that Theranos Inc. was a huge fraud. Theranos is a blood-testing startup that developed devices, which it called "TSPUs" and "miniLabs," that were supposed to be able to do a wide range of…

Theranos Founder, Elizabeth Holmes, Accused of Fraud

Ms. Holmes, the chief executive of the blood-testing company, agreed to a settlement in which she will be stripped of control.

Theranos Founder Elizabeth Holmes Charged With Fraud

The Securities and Exchange Commission said Wednesday that it has charged Theranos Chief Executive Elizabeth Holmes with fraud and forced the company’s founder to give up control of the company.

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Theranos, the Silicon Valley startup that claimed to have developed a revolutionary system for conducting extensive blood tests (240 of them) with a single drop, has been in trouble for years for failing to make good on its promises. Its…

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It has been pretty obvious for a few years now that Theranos Inc. was a huge fraud. Theranos is a blood-testing startup that developed devices, which it called "TSPUs" and "miniLabs," that were supposed to be able to do a wide range of…

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Holmes and Theranos made a deal to settle the case against them, with the penalty including her surrendering majority voting control of the company, according to a statement by the US Securities and Exchange Commission. Founded in 2003 by…

Mar 14

Theranos Settles SEC Lawsuit With CEO Elizabeth Holmes Stripped of Control

Bloomberg open event

Theranos Inc. and its founder Elizabeth Holmes agreed to settle U.S. allegations that they raised more than $700 million from investors through an elaborate fraud in which they exaggerated or made false statements about their technology,…