Theranos claimed it would generate 1,000 times more revenue in 2014 than it actually did

Theranos, along with its CEO Elizabeth Holmes and former president Sunny Balwani have been charged by the SEC with “massive fraud.” The agency said Wednesday that Theranos and Holmes have agreed to resolve the charges against them. The SEC alleged that Theranos had overstated its program with the US Department of Defense as well as the revenues it generated in 2014. 

Theranos, its CEO Elizabeth Holmes, and a former executive have been charged with

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