Theranos To Investors: Please Don't Sue! Here, Have Some More Shares (siliconbeat.com)

Posted by EditorDavid on Sunday March 26, 2017 @04:34AM from the fumbling-founders dept.

Theranos "plans to give additional shares to investors who pledge not to sue," reports the Wall Street Journal. An anonymous reader quotes Silicon Beat: The deal, which hasn't been disclosed publicly, was approved by the Palo Alto-based company's board last month, The Wall Street Journal reported, citing anonymous "people familiar with the matter." They said most investors have tentatively agreed to the deal. Those extra shares are coming from none other than founder and CEO Elizabeth Holmes' personal cache, the Journal reported. That means the beleaguered founder, who has remained stubbornly at the helm of her struggling startup even though federal regulators have barred her from running a medical lab for two years, would give up her majority ownership in the company.

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Re:Lock her up already by Anonymous Coward · 2017-03-26 05:19 · Score: 0, Troll

Holmes has never subjected her tests to government scrutiny
Which is not wrong. This is between her, her investors and her customers.
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Urdacha
Re:Why is it all we here about from worthless news by gweihir · 2017-03-26 07:46 · Score: 0, Troll

Naaa, she is Wonder Woman and according to Feminist Theory, it cannot have been her fault!

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Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.