Tag: the-defendants
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U.S. hedge fund files lawsuit accusing Theranos of fraud
(Reuters) – A San Francisco-based hedge fund has filed a lawsuit against Theranos Inc, accusing the blood testing company of using fraudulent methods to attract an investment of nearly $100 million, according to an investor letter filed by the fund. The hedge fund, Partner Fund Management LP, filed the lawsuit in the Delaware Court of…
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U.S. hedge fund files lawsuit accusing Theranos of fraud
(Reuters) – A San Francisco-based hedge fund has filed a lawsuit against Theranos Inc, accusing the blood testing company of using fraudulent methods to attract an investment of nearly $100 million, according to an investor letter filed by the fund. The hedge fund, Partner Fund Management LP, filed the lawsuit in the Delaware Court of…
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Most Afghan women serve sentences in elders’ homes, not prisons
By Mohammadullah Himatyar SHARANA, Afghanistan (Reuters) – When 18-year-old Fawzia was convicted of elopement and adultery, a local Afghan court in the southeastern province of Paktika sentenced her to jail. “I was treated like an animal and kept like a slave,” Fawzia told Reuters in Sharana, the provincial capital of Paktika. Fawzia is a familiar…
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Valeant, Ackman must face U.S. insider trading lawsuit
A U.S. judge said Valeant Pharmaceuticals International Inc and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before making an unsuccessful takeover bid for the maker of Botox. In a Nov. 9 decision, U.S. District Judge David Carter in Santa Ana, California, rejected arguments by…