Theranos To Pay 4 65 Million In Settlement
Theranos, the troubled blood-testing company, has agreed to pay $4.65 million to settle claims in Arizona. State Attorney General Mark Brnovich said the company misrepresented its blood tests in advertisements to customers, including more than 175,000 Arizonans. About 10 percent of some 1.5 million tests proved to be flawed. “Everyone who paid for a test will receive a full refund, period,” Brnovich said. “This is a great result and a clear message that Arizona’s consumer protection laws will be vigorously enforced....