The Wind Down of Theranos, Inc. A health technology company whose founders
were convicted of wire fraud & conspiracy in 2018
Thursday, January 26 (4 - 6:30pm) @ University of St. Thomas
Presentation Summary:
Elizabeth Holmes and her company, Theranos, Inc., promised a revolutionary blood test technology, that valued as high as $10 billion in 2014.
In 2018, the securities and exchange commission filed civil charges against Holmes and Theranos, alleging massive fraud committed to obtain $700 million from investors. Holmes was also criminally prosecuted and later convicted for defrauding investors. Later in 2018, Theranos announced that it would be winding down its business and ceased operations in September.
Presenters: Stephen O’Neill and Caitlin Hullrepresented the assignment estate of Theranos and managed the winddown of the company. During this presentation, they will share their thoughts on managing the wind down of a high-profile business and the decision-process for how to conduct the wind down.
Program of Events:
4:00 pm | Registration & Networking
4:30 pm | Welcome, Chapter Announcements
4:45 pm | Program, Q & A
6:00 - 6:30 pm | Networking
We hope you can join us!This event is a wonderful opportunity to meet up with old acquaintances, make new connections, meet some great law students, and network with some amazing and accomplished professionals from the TMA Minnesota Chapter.
Contact the Chapter Admin at Minnesota@Turnaround.org prior to January 16 and there will be no charge. Cancellations received after 1/16 (and event no-shows) will be charged the full applicable registration fee. Substitutions are allowed, however if substitute is not a member, the difference in the fee will be requested.
