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Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by misiti3780 on Wednesday September 29, 2021 @10:27AM (#28694105)
Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by makerofspoons on Wednesday September 29, 2021 @10:45AM (#28694338)
Interestingly Holmes' father was a VP at Enron: https://www.forbes.com/sites/petercohan/2019/02/17/4-startli...
Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by hef19898 on Wednesday September 29, 2021 @10:35AM (#28694198)
Maybe it's time for a new SOX moment.
Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by akshayB on Wednesday September 29, 2021 @10:40AM (#28694266)
The point I am trying to make is way things work in US, most likely C-levels and high level officials of companies get away with it. I am sure there are cases when folks got into trouble. Apple had Antennagate for one of the iphones and even with a class-action lawsuit people got like $15 reimbursement. For these huge companies in most of the time amount of fines are more like margin of error in accounting spreadsheet.
Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by billyhoffman on Wednesday September 29, 2021 @10:58AM (#28694538)
These are not remotely comparable.

One is a company that built a product with a design flaw effecting only one aspect of the product (cell radio) that was only triggered under certain circumstances (placing you fingers in certain positions). A civil lawsuit against the company caused the company to issue a fix (free bumper case which insulated the antenna) that retroactively fixed all products that shipped with the flaw.

The other is a medical device company that sold a product that didn’t work, giving incorrect results that directly informed how people treated or even detected health problems. People inside the company knew this and lied anyway, repeatedly, and then those people induced and conspired with others to hide their fraud. Those specific people are now facing criminal charges.

Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by floatboth on Wednesday September 29, 2021 @10:59AM (#28694565)
Antennagate and a big fraudulent startup in the medical (!) industry are quite different scale things.