It remains unclear if all the details of the lawsuit have been resolved and the plaintiffs have asked Judge Cousins to stay in the loop. Here are more details from Bloomberg.
Since the distressed startup, which once had a market value of billions, had been on the verge of bankruptcy, one wonders how much the investors were able to recover.
The comprehensive story of how so many, not only investors, had been allegedly duped by Theranos founder Elizabeth Holmes has been published by The Wall Street Journal reporter John Carreyrou. The book is "Bad Blood." On the board had been big brandnames such as Henry Kissinger. Walgreen had partnered with Theranos.
Holmes and the second in command at Theranos - Sunny Balwani - have been indicted by the federal government. Many are hoping the two masters of what seemed like reality distortion wind up behind bard, for a long time.
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