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Theranos Verdict: In the U.S., It Is Fine to Lie to Consumers but Not to Investors

The verdict on Theranos founder and former CEO Elizabeth Holmes, who was tried for fraud in a U.S. court, was guilty. Theranos was a company set up by Holmes and her former partner Ramesh “Sunny” Balwani and had promised to revolutionize blood testing….

The verdict on Theranos founder and former CEO Elizabeth Holmes, who was tried for fraud in a U.S. court, was guilty. Theranos was a company set up by Holmes and her former partner Ramesh “Sunny” Balwani and had promised to revolutionize blood testing. Their advanced biotech equipment—they claimed—would provide results for a whole battery of More

The post Theranos Verdict: In the U.S., It Is Fine to Lie to Consumers but Not to Investors appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Prabir Purkayastha.


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Prabir Purkayastha | Radio Free (2022-02-01T09:52:46+00:00) Theranos Verdict: In the U.S., It Is Fine to Lie to Consumers but Not to Investors. Retrieved from https://www.radiofree.org/2022/02/01/theranos-verdict-in-the-u-s-it-is-fine-to-lie-to-consumers-but-not-to-investors/

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» Theranos Verdict: In the U.S., It Is Fine to Lie to Consumers but Not to Investors | Prabir Purkayastha | Radio Free | https://www.radiofree.org/2022/02/01/theranos-verdict-in-the-u-s-it-is-fine-to-lie-to-consumers-but-not-to-investors/ |

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