Theranos News

Walgreens to Pay $44 Million to Settle Theranos Fraud Claims

Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed blood tests in Arizona and California through the pharmacy chain’s partnership with Theranos Inc. The proposed settlement, which needs court …

Elizabeth Holmes Sentenced to More Than 11 Years in Prison for Theranos Fraud

A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San Jose, California, U.S. District Judge …

Elizabeth Holmes Should Get 15 Years’ Prison for Fraud, US Says

Former Theranos Inc. Chief Executive Officer Elizabeth Holmes should spend 15 years in prison for committing one of the most serious white-collar crimes in Silicon Valley history, prosecutors told the judge who will sentence her. In a request filed late …