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Investors Gave Theranos $96M Despite Due Diligence Gaps

By Dorothy Atkins ( November 16, 2021, 9:55 PM EST) -- A hedge fund manager testified in ex-Theranos CEO Elizabeth Holmes' criminal fraud trial Tuesday that his firm and its affiliates collectively invested $96.1 million in the startup, even after he didn't get complete answers to the firm's due diligence questions and Theranos' rival said its technology didn't work....

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