Introduction

The securities in exchange commission to day charge medical technology company thernos, its founder and ceo, elizabeth holmes. The settlement comes after a more than two years investigation by the s c which came after an article in october of 20 fifteenth,. alleging that thernos used its proprietary blood testing technology for only a fraction of the blood test it offered in wall green stores. If theranos is acquired or otherwise liquidated, Holmes would not profit from any sale until over 750 million dollars is returned to defrauded investors.