Tag: Theranos
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Walgreens agrees to pay $44 million to Theranos blood test customers
[ad_1] There was a time when Walgreens championed Theranos’ blood tests and offered them at “wellness centers” in its stores. That was before it came to light that Theranos’ tests were faulty, leading to a bitter breakup between the two companies. Now, according to Bloomberg, Walgreens has agreed to pay $44 million to settle a…
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Theranos Founder Elizabeth Holmes To Begin 11-Year Prison Sentence for Fraud
[ad_1] Elizabeth Holmes, the founder and former CEO of Theranos, is predicted to report back to a federal jail camp in Bryan, Texas, on Tuesday to start serving her 11-year sentence for fraud. Holmes was convicted in January 2022 of 4 counts of fraud and conspiracy to commit fraud. She was discovered responsible of defrauding…