Theranos Founder Elizabeth Holmes Charged With Fraud

The Securities and Exchange Commission said that it has charged Theranos CEO Elizabeth Holmes with fraud and forced the company’s founder to give up control of the company.
WSJ.com: US Business

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Theranos Founder Elizabeth Holmes Charged With Fraud

The Securities and Exchange Commission said that it has charged Theranos CEO Elizabeth Holmes with fraud and forced the company’s founder to give up control of the company.
WSJ.com: WSJD

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Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests

An investor said in newly unsealed court filings that Theranos used a shell company to buy commercial-lab equipment, then pretended it was using its own technology in demonstrations for prospective partners and investors.
WSJ.com: US Business

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Theranos Offers Shares for Promise Not to Sue the Company

A deal approved by Theranos’s board would give investors who pledge not to sue the battered blood-testing company some shares from founder Elizabeth Holmes’s personal stake.
WSJ.com: US Business

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Theranos Had $200 Million in Cash Left at Year-End

The embattled blood-diagnostics firm had $ 200 million of cash on hand at the end of 2016, people familiar with the matter said, less than a quarter of the funding it raised from investors and partners.
WSJ.com: US Business

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Big Names Take Hit on Theranos

Blood-testing company got much of its funding from high-profile private investors who weren’t part of the ecosystem that typically backs startups and could see their stakes wiped out.
WSJ.com: US Business

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