Saturday, 22 April 2017

Theranos says it has been ‘mischaractarized’ in allegations the company faked tests

 Theranos secretly bought lab equipment through a shell company, faked tests and inappropriately pumped up its financial outlook to investors, according to allegations in recently unsealed court documents, first reported by the Wall Street Journal. Partner Fund Management LP, a hedge fund management firm which invested $96 million in Theranos filed the claim in Delaware Chancery Court on… Read More

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