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Hedge Fund Investor Sues Theranos For Lying 'Knowingly And Repeatedly'

Until now, there has been one big reason to believe that Theranos, the controversial diagnosticsstartup, could survive despite widespread doubts about whether its technology, which the company once promised would revolutionize the blood testingbusiness, even works: its investors, after putting $700 million into the startup, seemed solidly behind Theranos and [...]
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Just when you thought things couldn't get worse for Theranos, this: One of its major investors has sued the company and its founder, Elizabeth Holmes, in an effort to get back its $96 million investment and then some. Partner Fund M...

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