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October 11, 2016 01:36 am GMT
Partner Fund Management(PFM), a San Francisco-based hedge fund that reportedly wrote out a$96 million check to Theranos back in 2014, is now suing the blood-testing startup and its founder, Elizabeth Holmes, saying it was duped into its investment“through a series of lies, material misstatements, and omissions,” and accusingthe firmof engaging in “securities fraud… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yTJoCdwxIM8/
A hedge fund is now suing Theranos, citing lies, material misstatements, and omissions
Partner Fund Management(PFM), a San Francisco-based hedge fund that reportedly wrote out a$96 million check to Theranos back in 2014, is now suing the blood-testing startup and its founder, Elizabeth Holmes, saying it was duped into its investment“through a series of lies, material misstatements, and omissions,” and accusingthe firmof engaging in “securities fraud… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/yTJoCdwxIM8/
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