Tag Archives: Theranos

Theranos Founder Elizabeth Holmes Indicted On Wire Fraud Charges

Theranos Founder Elizabeth Holmes Indicted On Wire Fraud ChargesFormer Theranos CEO Elizabeth Holmes and company president Ramesh "Sunny"



Yahoo News – Latest News & Headlines

Former Theranos biotech star indicted on fraud charges

Former Theranos biotech star indicted on fraud chargesElizabeth Holmes, the founder of blood-testing startup Theranos and a onetime Silicon Valley star, has been hit with criminal charges accusing her of defrauding investors and others, prosecutors announced Friday. The Justice Department said a federal grand jury in California indicted Holmes, 34, and Ramesh “Sunny” Balwani, 53, who had been president and chief operating officer. The indictment claims that Holmes and Balwani falsely claimed that they had developed revolutionary technology that could quickly provide a range of clinical tests from a small drop of blood.



Yahoo News – Latest News & Headlines

Theranos Founder Elizabeth Holmes Charged With 'Massive Fraud' By SEC

Theranos Founder Elizabeth Holmes Charged With 'Massive Fraud' By SECIn a complaint filed Wednesday, the Securities and Exchange Commission leveled



Yahoo News – Latest News & Headlines

U.S. health regulators probe Theranos complaints

(Reuters) – The U.S. Food and Drug Administration is investigating complaints filed by two former employees of privately held laboratory operator Theranos Inc, the Wall Street Journal reported, citing people familiar with the matter. In September, a complaint filed by a former Theranos employee to the Centers for Medicare and Medicaid Services stated that the management instructed lab employees to continue testing patients with the company’s devices, despite facing accusations that its devices were flawed and had problems with accuracy, the Journal reported. The FDA received a second complaint earlier this month, which claimed that a study for a herpes test submitted for approval with the FDA violated research protocol, the newspaper said, upon reviewing both the complaints.
Sexual Health News Headlines – Yahoo! News