Theranos Company Statement Regarding Investor Lawsuit

A San Francisco hedge fund has filed a civil suit against the company over its investment. The suit is without merit, the assertions are baseless, and the plaintiff is engaging in revisionist history.

Most of the company statements the plaintiff has cited in its suit were made after the time the plaintiff invested, and could not possibly have been the original basis for investment. This wholesale reliance on post-investment statements, therefore, negates the claim that the plaintiff was misled.