It’s worth remembering how Theranos first responded to the WSJ’s exposé
Today’s news coverage of the SEC’s decision to settle fraud charges against Theranos founder and CEO Elizabeth Holmes was marked by a somber tone, with the company releasing a simple statement saying it “is pleased to be bringing this matter to a close and looks forward to advancing its technology.” Holmes, who did not comment, …
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Today’s news coverage of the SEC’s decision to settle fraud charges against Theranos founder and CEO Elizabeth Holmes was marked by a somber tone, with the company releasing a simple statement saying it “is pleased to be bringing this matter to a close and looks forward to advancing its technology.” Holmes, who did not comment, paid a $500,000 penalty and agreed to a 10-year ban from serving as an officer or director in a public company.