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Theranos Is Now Facing a Class Action Lawsuit Accusing It of Consumer Fraud

May 26, 2016

Via: Fortune
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A common refrain came true again Wednesday: the problems at Theranos have gotten even worse.

The embattled blood-testing startup that’s facing intense regulatory scrutiny is now the subject of a consumer fraud class action lawsuit.

A plaintiff identified only as M.P.B., who’s an Arizona resident, filed the lawsuit in the Northern District of California on Wednesday accusing Theranos of fraud since its proprietary technology—a device advertised as capable of conducting hundreds of blood tests with just a few drops of blood—did not work and produced inaccurate results.

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