Theranos Investor FOMO Is Due Diligence Lesson, Attys Say

By Dorothy Atkins (November 16, 2021, 3:00 PM EST) -- Testimony in ex-Theranos CEO Elizabeth Holmes' criminal fraud trial has revealed that many investors who funded the beleaguered blood-testing company leading up to its $10 billion valuation appeared to be influenced by a "fear of missing out," or FOMO, a stark lesson in the dangers of skipping due diligence, according to legal pros....

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