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Walgreens Settles Consumer Claims It Knew Theranos Was a Fraud.

Authors :
Blumberg, Peter
Source :
Bloomberg.com; 5/24/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

(Bloomberg) -- Walgreens Boots Alliance Inc. reached a tentative settlement with consumers who received Theranos Inc. blood tests in Arizona and California and claimed that the drugstore giant was "willfully blind" to fraud at the blood-testing startup. Elizabeth Holmes, the founder and former chief executive officer of Theranos, was convicted of fraud last year and sentenced to 11 1/4 years in prison. [Extracted from the article]

Subjects

Subjects :
CONSUMERS
BUSINESS enterprises

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
163889967