YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Theranos founder can't pay her lawyers

Posted online

Theranos founder Elizabeth Holmes, who once was valued at $4.5 billion, hasn't been able to pay three of her attorneys.

The three attorneys, who have represented Holmes against a federal class-action lawsuit, said in federal court that Holmes hasn't paid them in more than a year.

The suit was brought on by Theranos patients who allege blood tests from the startup were inaccurate and caused them to undertake unnecessary medical costs.

Read more from Business Insider.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Tariffs a question mark for local ag producers

While a disruption in international trade has the capacity to hurt local farmers and ranchers, beef producers are having a good go of things at the moment.

Most Read
SBJ.net Poll
How do you feel about the city of Springfield's new elected leadership?

*

View results

Update cookies preferences