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Major Investor Sues Theranos

Hedge fund accuses embattled company of a “series of lies” to attract investment of nearly $100 million.
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U.S. hedge fund files lawsuit accusing Theranos of fraud

Health : Reuters: Health

(Reuters) - A San Francisco-based hedge fund has filed a lawsuit against Theranos Inc, accusing the blood testing company of using fraudulent methods to attract an investment of nearly $100 million, according to an investor letter f...

Investor to Theranos: Give us back our $96 million

Humor / odd : Boing Boing

It's hard to know who to feel less sorry for - a Silicon Valley company with a portfolio of quackery and deceit or the San Francisco hedge fund that was bamboozled into investing $96.1 million in it? On Monday, Partner Fund Manageme...

Theranos investor's lawsuit alleges 'series of lies' - CNET

Technology / Internet : Webware

Hedge fund accuses troubled blood-testing company of lying to attract its nearly $100 million investment, according to a letter seen by the Wall Street Journal.

Investor Sues: Theranos 'Knowingly and Repeatedly Lied'

Business & Finance : Business from Newser

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...

P.M. Fund Roundup: Is LPL For Sale? Biotech ETFs Flounder Thanks To Illumina

Business & Finance / Investing : Focus on Funds

Here’s some headlines for the commute home: The ripple effect of new money market reforms on M&A deals — WSJ A hedge fund is suing Theranos, accusing the embattled startup of a “series of lies” to attract investment of nearly $100 m...


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