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A comment on Theranos Low on Cash After Settlement with Walgreens. Parent comment

Re:Theranos Low on Cash After Settlement with Walgreens by bpodgursky on Wednesday August 02, 2017 @01:40PM (#14912829)
Why would the board be in jail? They are the ones who invested and may be losing money. Who did they defraud?

Prison isn't a random card you can play to threaten people who you don't like, unless you want to go back to the USSR.

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Re:Theranos Low on Cash After Settlement with Walgreens by jackvalentine on Wednesday August 02, 2017 @11:51PM (#14916837)
The Board of Directors is charged with overseeing the conduct of the business.

Whilst I've only held board memberships in Australia I expect it's a concept that translates somewhat to other countries.

Board members can be held personally responsible for the misconduct of a company (criminally as well as civilly).

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