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May 1, 2017 07:04 pm GMT
Beleaguered blood diagnostics startup Theranos has reached a settlement with hedge fund management firm Partner Fund Management. PFM invested $96.1 million in Theranos’ Series C-2 round in 2014, helping topop the company up to a $9 billion valuation. However, the hedge fund opened a lawsuit against Theranos last yearsaying the company had tricked it into investing “through a… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pXkvPSMOSuM/
Theranos reaches settlement with investor Partner Fund Management
Beleaguered blood diagnostics startup Theranos has reached a settlement with hedge fund management firm Partner Fund Management. PFM invested $96.1 million in Theranos’ Series C-2 round in 2014, helping topop the company up to a $9 billion valuation. However, the hedge fund opened a lawsuit against Theranos last yearsaying the company had tricked it into investing “through a… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/pXkvPSMOSuM/
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