Advertisement
Global  

“The world's speediest news portal”
One News Page
> >

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...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: CBS 5 SF KPIX - < > Embed
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."

Recent related news

Theranos CEO Elizabeth Holmes hit with federal criminal fraud charges

Elizabeth Holmes, the high-profile but secretive founder of blood testing company Theranos Inc., and her second in command, Ramesh "Sunny" Balwani, were charged...
bizjournals - BusinessAlso reported by •USATODAY.comReutersBusiness Insiderazcentral.comWall Street JournalNYTimes.comThe VergeDeutsche WelleMashableFT.comTelegraph.co.uk

Theranos founder Elizabeth Holmes is reportedly trying to start a new company — and she's already looking for investors in Silicon Valley

Theranos founder Elizabeth Holmes is reportedly trying to start a new company — and she's already looking for investors in Silicon Valley
· *Elizabeth Holmes, the founder and CEO of blood-testing startup Theranos, is reportedly looking for investors for a new startup. * · *Holmes and Theranos...
Business Insider - TechnologyAlso reported by •Wall Street JournalNYTimes.comDeutsche WelleFT.comTelegraph.co.uk

You Might Like


Tweets about this


Other recent news in Technology

The WORLD CUP Attracts Hackers in This One Strange Way, So Beware If You’re In TownIt would be incredibly difficult for CALIFORNIA to split into three states. If it did, here's how it would work
News24.com | No live chickens at the World Cup for NIGERIA fansSport24.co.za | All Blacks outclass 14-man FRANCE in Wellington
Sport24.co.za | WATCH: Mickelson throws 'putting tantrum' at US OPENPORTUGAL app empowers disabled to win better access to buildings

Recent related videos

News video: Theranos CEO Elizabeth Holmes indicted for fraud

▶ Theranos CEO Elizabeth Holmes indicted for fraud 01:39

Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company's former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the..
Source: Rumble -

News video: Elizabeth Holmes' Indictment May Be The End Of Theranos

▶ Elizabeth Holmes' Indictment May Be The End Of Theranos 00:48

According to Digital Trends, Elizabeth Holmes, who resigned last Friday as Theranos CEO and the company's former president Ramesh Balwani have been indicted on criminal charges regarding fallacious..
Source: Wochit -

News video: Theranos CEO Elizabeth Holmes Charged with Criminal Fraud

▶ Theranos CEO Elizabeth Holmes Charged with Criminal Fraud 02:36

A woman once hailed as a Silicon Valley visionary is facing federal fraud charges. After a rapid rise to the top of the tech world Elizabeth Holmes has fallen into the FBI's hands. Andria Borba..
Source: CBS 5 SF KPIX -

News video: Theranos' Founder And Former President Indicted On Wire Fraud Charges

▶ Theranos' Founder And Former President Indicted On Wire Fraud Charges 00:59

Elizabeth Holmes and Ramesh &quot;Sunny&quot; Balwani were indicted on nearly a dozen wire fraud charges.
Source: Rumble -

News video: Theranos Founder, Former President Indicted for Wire Fraud

▶ Theranos Founder, Former President Indicted for Wire Fraud 00:58

Elizabeth Holmes and Ramesh "Sunny" Balwani were indicted on nearly a dozen wire fraud charges.
Source: Newsy Studio -

News video: Theranos Founder Elizabeth Holmes Reportedly Indicted on Wire Fraud

▶ Theranos Founder Elizabeth Holmes Reportedly Indicted on Wire Fraud 00:37

According to a report by the Washington Post, Elizabeth Holmes and Ramesh 'Sunny' Balwani, former executives of blood-testing startup Theranos, have been indicted on nine counts of wire fraud and two..
Source: Wochit -

News video: Silicon Valley Darling Elizabeth Holmes Indicted On Wire Fraud Charges

▶ Silicon Valley Darling Elizabeth Holmes Indicted On Wire Fraud Charges 00:53

Theranos founder Elizabeth Holmes has been indicted on wire fraud charges. The former Silicon Valley darling inspired the upcoming Jennifer Lawrence film 'Bad Blood.' According to SFGate, also indicted..
Source: Wochit News -

News video: Sham Blood Testing Firm's Founder, COO Indicted For Fraud

▶ Sham Blood Testing Firm's Founder, COO Indicted For Fraud 00:37

The founder of disgraced blood diagnostics company has been indicted on various counts of wire fraud. Theranos founder Elizabeth Holmes was charged by a federal grand jury Friday. BuzzFeed News..
Source: Wochit -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+