Theranos is subject of U.S. criminal probe

Theranos is subject of U.S. criminal probe

Federal prosecutors accept launched a bent analysis into whether Theranos Inc. addled investors about the accompaniment of its technology and operations, according to humans accustomed with the matter.

Theranos is subject of U.S. criminal probe

Walgreens Boots Alliance Inc. and the New York Accompaniment Department of Health accept accustomed subpoenas in contempo weeks gluttonous abstracts and affidavit about representations fabricated to them by the Palo Alto, Calif., blood-testing company, some of the humans said.

Walgreens has been Theranos’ capital aqueduct to consumers back the companies appear a affiliation in 2013 that now includes 40 Theranos wellness centers at drugstores in Arizona. The New York bureau accustomed an appliance from Theranos for a class authorization in the state.

People accustomed with the amount said the subpoenas seek ample advice about how Theranos declared its technologies and the advance it was authoritative developing those technologies.

Investigators are aswell analytical whether Theranos addled government officials, which can be a abomination beneath federal law, some of the humans said.

Such subpoenas don’t necessarily beggarly prosecutors are actively gluttonous an indictment. Humans accustomed with the amount said the analysis is at an aboriginal stage.

An broadcast adaptation of this address appears at WSJ.com.

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