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Theranos founder Elizabeth Holmes has been forced to give up majority control of the company to resolve charges of a 'massive fraud'

Business Insider Wednesday, 14 March 2018
Theranos founder Elizabeth Holmes has been forced to give up majority control of the company to resolve charges of a 'massive fraud'· *Theranos, its CEO Elizabeth Holmes, and its former president Sunny Balwani have been charged by the SEC with fraud.*
· *The agency said Wednesday that Theranos and Holmes have agreed to resolve the charges against them.*
· *As part of the resolution, Holmes has to give up majority voting control over the company and...
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News video: THERANOS: Theranos Founder Elizabeth Holmes Faces Federal Fraud Charges

▶ THERANOS: Theranos Founder Elizabeth Holmes Faces Federal Fraud Charges 00:25

Elizabeth Holmes, a Stanford University dropout once billed as the "next Steve Jobs" has forfeited control Theranos, the blood testing startup she founded, and will pay $500,000 to settle charges that she oversaw a "massive fraud."

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Aman Ijaz ‘The Inventor,’ a documentary about Theranos and the ‘psychology of deception,’ will premiere at Sundance… https://t.co/Fh6mxqabuG 13 minutes ago

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TSLA_opinion $tslaq beginning to accept the difference between a tweet without a trade & real fraud? The disgraced founder of T… https://t.co/taQqZpqDyj 9 hours ago

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Н.Энхзул RT @TheWrap: 'Bad Blood': Theranos Founder Elizabeth Holmes, Subject of Jennifer Lawrence Film, Charged With Wire Fraud https://t.co/NjBFZI… 3 days ago

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The Influencer's Bureau The rise and fall of Elizabeth Holmes, who started Theranos when she was 19 and became the world's youngest female… https://t.co/CmCZZfPBN9 4 days ago

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logical little atheist brain RT @STRONG_PlSS: Theranos founder Elizabeth Holmes ordered by judge to change voice 4 days ago

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Uunaa Ganbaatar RT @techinasia: Founder Elizabeth Holmes channeled Silicon Valley's fake-it-until-you-make-it culture. https://t.co/BKr8KaGFPk 5 days ago

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Los Angeles @NYSE The Lion King @eholmes2003 Theranos Founder and CEO Elizabeth Holmes. 6 days ago

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Dominic Foo If you want to understand modern neo-liberal capitalist thinking, this venture capitalist encapsulates that. He c… https://t.co/9PEyKzbd6w 1 week ago


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