Theranos Just Got Slammed With Another Lawsuit

Theranos Just Got Slammed With Another Lawsuit
AP Photo/Jeff Chiu

It could become an investor class action.

Wounded blood testing startup Theranos just got hit with another major legal buzz saw—one that could snowball into a class action tussle with its investors.

The latest suit, filed Monday by Robert Colman, co-founder of investment firm Robertson Stephens, and another private defendant and Theranos share purchaser named Hilary Taubman-Dye, alleges that Theranos consistently and deliberately misled its investors through outsize claims about its technology's capabilities and potential to transform diagnostic testing.



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