Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

California hedge fund files lawsuit accusing Theranos of telling a 'series of lies' to [tr]
UK Daily Mail ^ | October 11, 2016 | Staff

Posted on 10/11/2016 6:00:22 AM PDT by C19fan

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.

The hedge fund, Partner Fund Management LP (PFM), filed the lawsuit in the Delaware Court of Chancery on Monday afternoon, a letter to the hedge fund's investors said.

'Through a series of lies, material misstatements, and omissions, the defendants engaged in securities fraud and other violations by fraudulently inducing PFM to invest and maintain its investment in the company,' said the letter, which was reviewed by Reuters.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; US: California
KEYWORDS: blood; bloodtesting; elizabethholmes; medicine; theranos; theranosinc; women
HA HA!!!
1 posted on 10/11/2016 6:00:22 AM PDT by C19fan
[ Post Reply | Private Reply | View Replies]

To: C19fan

That ‘looker’ must be as smart as Hillary was.


2 posted on 10/11/2016 6:10:40 AM PDT by DIRTYSECRET (urope. Why do they put up with this.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DIRTYSECRET

She looks crazy. Maybe she is on meds like Hillary?


3 posted on 10/11/2016 9:57:45 AM PDT by minnesota_bound
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson