Theranos Under Investigation By SEC, US Attorney's Office

Law360, Los Angeles (April 18, 2016, 7:28 PM EDT) -- Blood-testing company Theranos Inc. has come under investigation by the U.S. Securities and Exchange Commission and the U.S. attorney’s office in the wake of news reports critical of its technologies and performance, the Palo Alto, California-based company said Monday in an internal memo sent to its “partners.”

(Credit: Law360) In a memo titled “Regulatory Update,” the health care technology startup said probes have been initiated by the U.S. Securities Exchange Commission and the U.S. Attorney's Office for the Northern District of California.

“The investigations by the SEC and the U.S. Attorney's Office, which began following the publication of certain news articles,...

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