> In the past year and a half, the grandson and grandfather have rarely spoken or seen one another, communicating mainly through lawyers, says Tyler Shultz. He and his parents have spent more than $400,000 on legal fees, he says. He didn’t attend his grandfather’s 95th birthday celebration in December. Ms. Holmes did.
> “Fraud is not a trade secret,” says Mr. Shultz, who hoped his grandfather would cut ties with Theranos once the company’s practices became known. “I refuse to allow bullying, intimidation and threat of legal action to take away my First Amendment right to speak out against wrongdoing.”
https://www.techdirt.com/articles/20161117/15475936076/thera...
The problem is unfixable because it's a complete fraud. There is nothing. They're holding the fort for as long as possible, and it's amazing they've been able to hold it for so long.
a legit company will only go to certain extent to defend. They can still survive.
An illegit company will go all / full lengths to attack and defend. illegit company life depends on this !
Even if they were part if a very very small minority that did (if any exist), it would be hard to test for legally I'd imagine.
We judge people by their pasts, in extreme old age this is no longer applicable.
I do think it's a little sad the obvious has to be pointed out.
If not now, in the future you will have to deal with people getting old, hard truths will have to be dealt with at some point.
It's quite true that testing their mental faculty would be a challenge. Therefore the decision could simply lie with other board members based on their observations of his behaviour and the direct contributions he makes to the company.
https://www.techdirt.com/articles/20161117/15475936076/thera...
One might imagine what they'd attempt if he wasn't related to a boardmember, or if his parents didn't have $400K for legal fees...