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Silicon Valley startup Theranos is shutting down for good

Theranos, the Silicon Valley startup whose founder faces fraud charges, is preparing to wind down its business, according to reports......»»

Category: topSource: cnnSep 5th, 2018

Theranos" bloody tale nears end with decision to shut down

Theranos Inc., the once high-flying company whose principals face federal fraud charges over its blood-testing technology, reportedly will shut down after paying unsecured creditors with its remaining cash. The company — led by Stanford University.....»»

Category: topSource: bizjournalsSep 5th, 2018

The rise and fall of Theranos, the blood-testing startup that went from a rising star in Silicon Valley to facing fraud charges

REUTERS/Brendan McDermidTheranos' star was shining bright going into 2015.  The darling blood-testing startup had ra.....»»

Category: topSource: businessinsiderSep 5th, 2018

Theranos is shutting down for good

Theranos, the Silicon Valley startup whose founder faces fraud charges, is preparing to wind down its business, according to reports......»»

Category: topSource: cnnSep 5th, 2018

Blood-Testing Firm Theranos to Dissolve After Fraud Scandal

Theranos, the blood-testing company accused of perpetrating Silicon Valley’s biggest fraud, will formally dissolve. The move comes after prosecutors filed criminal charges against founder Elizabeth Holmes......»»

Category: topSource: wsjSep 5th, 2018

SEC settled charges telecom service company executives with accounting fraud

The Securities and Exchange Commission charged Tangoe Inc., formerly a public telecommunications expense management company, and four of its executives for allegedly using fraudulent accounti.....»»

Category: topSource: marketwatchSep 4th, 2018

Defunct for-profit college firm ITT"s former executives settle fraud charges

Former top executives at ITT Educational Serv.....»»

Category: topSource: latimesJul 10th, 2018

Former executives of defunct for-profit college firm ITT settle fraud charges with SEC

Former ITT chief executive Kevin Modany and former chief financial officer Daniel Fitzpatrick have settled fraud cases with the Securities and Exchange Commission, avoiding a trial......»»

Category: topSource: washpostJul 9th, 2018

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 with federal wire fraud, according to a grand jury indictment unsealed Friday. Holmes, who s.....»»

Category: topSource: bizjournalsJun 17th, 2018

Two Former Roadrunner Executives Charged Over Accounting

Federal prosecutors filed charges in an indictment unsealed Friday against two former executives at trucking company Roadrunner Transportation Systems for their alleged role in a complex accounting and securities fraud scheme......»»

Category: smallbizSource: wsjJun 15th, 2018

Theranos founder Elizabeth Holmes charged with fraud

The Securities and Exchange Commission in March accused Holmes of "massive fraud" in connection with Theranos......»»

Category: topSource: moneycentralJun 15th, 2018

Theranos founder Elizabeth Holmes charged with fraud

The Securities and Exchange Commission in March accused Holmes of "massive fraud" in connection with Theranos......»»

Category: topSource: moneycentralJun 15th, 2018

Theranos founder Holmes, former president indicted for fraud

(Reuters) - 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 U.S. Justice Department announced on Friday......»»

Category: topSource: reutersJun 15th, 2018

Elizabeth Holmes indicted on wire fraud charges, steps down from Theranos

Theranos founder Elizabeth Holmes has been indicted on federal wire fraud charges, the office of the United States Attorney for the Northern District of California announced Friday......»»

Category: topSource: cnnJun 15th, 2018

The mysterious story of former Theranos president Sunny Balwani, who former employees saw as an "enforcer" and now faces criminal charges of wire fraud

Shayanne Gal/Business Insider The Department of Justice ju.....»»

Category: topSource: businessinsiderJun 15th, 2018

U.S. Charges Theranos Founder Holmes, Former No. 2 With Fraud

Federal prosecutors filed criminal fraud charges against Theranos founder Elizabeth Holmes and the blood-testing company’s former No. 2 executive......»»

Category: topSource: wsjJun 15th, 2018

Theranos founder reportedly seeks investors for new company

Elizabeth Holmes, the founder and CEO of the embattled blood-testing startup Theranos, was charged with "massive fraud" by US regulators earlier this year. Now, she's looking for investors for a new startup......»»

Category: topSource: moneycentralJun 11th, 2018

Two ex-Penn West executives must face U.S. SEC fraud charges

NEW YORK (Reuters).....»»

Category: topSource: reutersJun 11th, 2018

Theranos wants investor fraud settlement, but on its terms

Fallen unicorn Theranos Inc. and investors who allege they were duped by a massive fraud are in a tug of war, with each side trying to attach different strings to settlement talks......»»

Category: topSource: moneycentralJun 8th, 2018

The rise and fall of Theranos, the blood-testing startup that went from a rising star in Silicon Valley to facing fraud charges over a wild 15-year span

REUTERS/Brendan .....»»

Category: topSource: businessinsiderMay 25th, 2018