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Arizona Plans To Sue Theranos Over Faulty Blood Tests (techcrunch.com)
An anonymous reader shares a TechCrunch report: The Arizona attorney general is soliciting outside legal counsel to pursue a consumer fraud lawsuit against the beleaguered blood testing startup Theranos, according to a document posted on the state's procurement website. AZ's AG has so far declined to comment on any action, but the document contends Theranos may have defrauded customers in the state and the office is now seeking proposals to assist it in possible legal action "against Theranos, Inc. and its closely related subsidiaries for violations of the Arizona Consumer Fraud Act arising out of Theranos Inc.'s long-running scheme of deceptive acts and misrepresentations relating to the capabilities and operation of Theranos blood testing equipment." Theranos ran its consumer portion of the business in Arizona and even worked with the state government to change laws allowing consumers to request blood tests without a doctor's permission. But, as the document cites, a myriad bad test results, including those raised in a series of Wall street Journal articles, raised concerns with the attorney general's office.
It is myriad - as in myriad bad test results, not a myriad bad test results; didn't you pay attention in skool?
Really what happened was the time honored tradition of slashdot posts leaving out words in the article/title. In this particular case the phrase was probably supposed to be "a myriad of bad test results".
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
It's been known for years Theranos is nothing but a scam. They have never allowed anyone to try and replicate their results, have never submitted their tests to government scrutiny, have never done anything to show their tests do what they claim they do.
It's a bit late for Arizona to be suing the company now, right when it's about to go bankrupt. At least go after Holmes for the fraud she's been perpetuating all this time because there's little left of the company.
We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
Not really. Theranos is still running (it should be shut down). But even if it was you still need to prosecute/take legal action to ensure the dodgy directors and especially holmes etc are at the very least barred from running future ventures legally otherwise they would just move onto the next scam and rake in millions from more suckers as they would just claim "it was all just a beat up in the press, we were never charged with any crime or sued for any wrongdoing therefore we must be innocent".