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Theranos As a Legal Ethics Case Study
Vanderbilt University Law School Scholarship@Vanderbilt Law Vanderbilt Law School Faculty Publications Faculty Scholarship 2021 How and Why Did It Go So Wrong?: Theranos as a Legal Ethics Case Study G. S. Hans Follow this and additional works at: https://scholarship.law.vanderbilt.edu/faculty-publications Part of the Legal Education Commons, and the Legal Ethics and Professional Responsibility Commons DATE DOWNLOADED: Mon May 24 12:25:08 2021 SOURCE: Content Downloaded from HeinOnline Citations: Bluebook 21st ed. G. S. Hans, How and Why Did It Go So Wrong?: Theranos as a Legal Ethics Case Study, 37 GA. St. U. L. REV. 427 (2021). ALWD 6th ed. Hans, G. G., How and why did it go so wrong?: Theranos as a legal ethics case study, 37(2) Ga. St. U. L. Rev. 427 (2021). APA 7th ed. Hans, G. G. (2021). How and why did it go so wrong?: Theranos as legal ethics case study. Georgia State University Law Review, 37(2), 427-470. Chicago 17th ed. G. S. Hans, "How and Why Did It Go So Wrong?: Theranos as a Legal Ethics Case Study," Georgia State University Law Review 37, no. 2 (Winter 2021): 427-470 McGill Guide 9th ed. G S Hans, "How and Why Did It Go So Wrong?: Theranos as a Legal Ethics Case Study" (2021) 37:2 Ga St U L Rev 427. AGLC 4th ed. G S Hans, 'How and Why Did It Go So Wrong?: Theranos as a Legal Ethics Case Study' (2021) 37(2) Georgia State University Law Review 427. MLA 8th ed. -
BTC Catalog 172.Pdf
Between the Covers Rare Books, Inc. ~ Catalog 172 ~ First Books & Before 112 Nicholson Rd., Gloucester City NJ 08030 ~ (856) 456-8008 ~ [email protected] Terms of Sale: Images are not to scale. All books are returnable within ten days if returned in the same condition as sent. Books may be reserved by telephone, fax, or email. All items subject to prior sale. Payment should accompany order if you are unknown to us. Customers known to us will be invoiced with payment due in 30 days. Payment schedule may be adjusted for larger purchases. Institutions will be billed to meet their requirements. We accept checks, VISA, MASTERCARD, AMERICAN EXPRESS, DISCOVER, and PayPal. Gift certificates available. Domestic orders from this catalog will be shipped gratis via UPS Ground or USPS Priority Mail; expedited and overseas orders will be sent at cost. All items insured. NJ residents please add 7% sales tax. Member ABAA, ILAB. Artwork by Tom Bloom. © 2011 Between the Covers Rare Books, Inc. www.betweenthecovers.com After 171 catalogs, we’ve finally gotten around to a staple of the same). This is not one of them, nor does it pretend to be. bookselling industry, the “First Books” catalog. But we decided to give Rather, it is an assemblage of current inventory with an eye toward it a new twist... examining the question, “Where does an author’s career begin?” In the The collecting sub-genre of authors’ first books, a time-honored following pages we have tried to juxtapose first books with more obscure tradition, is complicated by taxonomic problems – what constitutes an (and usually very inexpensive), pre-first book material. -
Downloads/Aib Provincial Wait Times E.Pdf; 18, 2006)
Committee for Economic Development Comm 2000 L Street N.W., Suite 700 A StatementStatement bbyy tthehe Washington, D.C. 20036 RResearchesearch aandnd PPolicyolicy 202-296-5860 Main Number 202-223-0776 Fax CCommitteeommittee ooff tthehe 1-800-676-7353 CCommitteeommittee fforor EEconomicconomic DDevelopmentevelopment www.ced.org A Statement by the Research and Policy Committee of the Committee for Economic Development i Quality, Aff ordable Health Care for All Moving Beyond the Employer-Based Health-Insurance System Includes bibliographic references ISBN #0-87186-187-9 First printing in bound-book form: 2007 Printed in the United States of America COMMITTEE FOR ECONOMIC DEVELOPMENT 2000 L Street, N.W., Suite 700 Washington, D.C., 20036 202-296-5860 www.ced.org Contents Purpose of Th is Statement . xi Executive Summary . 1 I. Introduction. 9 Why Another CED Statement on Health Care?. 9 Is the U.S. Health-Care System Failing? Performance Standards for a Nation’s Health-Care System . 10 Does the American Health-Care System Meet Th ese Standards? . 11 Why Is Employer-Based Health Insurance Declining?. 12 Th e Causes of High and Rising National Health Expenditures . 12 EBI Costs Cause Major Problems for Employers . 14 Employer Responses to Date Have Not Solved the Problem . 15 Buyers Cannot Hold Th eir Health Expenditure to Sustainable Growth Rates. 16 Conclusion . 18 II. Why 35 Years of “Band-Aids” on a Fundamentally Flawed System Did Not Work. 21 Why One Popular Idea – the Consumer-Directed Health Plan – Will Not Work. 24 Consumer Direction . 24 High-Deductible Health Insurance. 24 Why Canada’s “Single-Payer” System or “Medical Care for All” Will Not Solve Our Health-Care Problems. -
A Work Project Presented As Part of the Requirements for the Award of a Master’S Degree In
A Work Project presented as part of the requirements for the Award of a Master’s degree in Finance from the Nova School of Business and Economics. THERANOS: BETTING ON BLOOD DIOGO JESUS NETO Work project carried out under the supervision of: Paulo Pinho 06-01-2020 Abstract Theranos was a Silicon Valley start-up founded by Elizabeth Holmes in 2003. Holmes claimed to have developed a new blood-testing device that had the potential to revolutionize the healthcare industry. She established partnerships with Walgreens and Safeway to make her technology available nationwide. She also secured a prestigious board of directors and an equally impressive investor base that raised over $700 million at a peak valuation of $9 billion. However, an investigation by The Wall Street Journal revealed the company had misled investors and endangered patients’ lives. In 2018, Theranos collapsed after years of battling lawsuits and federal charges. Keywords: Theranos, Corporate Governance, Fundraising, Due Diligence This work used infrastructure and resources funded by Fundação para a Ciência e a Tecnologia (UID/ECO/00124/2013, UID/ECO/00124/2019 and Social Sciences DataLab, Project 22209), POR Lisboa (LISBOA-01-0145-FEDER-007722 and Social Sciences DataLab, Project 22209) and POR Norte (Social Sciences DataLab, Project 22209). 1 Theranos: Betting on Blood “One of the most epic failures in corporate governance in the annals of American capitalism”. - John Carreyrou1 On June 28, 2019, a crowd of journalists awaited Elizabeth Holmes at the door of the San Jose Federal Court in California for a pre-trial hearing2. She was accused of engaging in a multi-million- dollar scheme to defraud investors, doctors, and patients alongside her former partner, Ramesh “Sunny” Balwani. -
Rethinking the Federal Securities Laws
Florida International University College of Law eCollections Faculty Publications Faculty Scholarship 2003 Accountants Make Miserable Policemen: Rethinking the Federal Securities Laws Jerry W. Markham Florida International University College of Law Follow this and additional works at: https://ecollections.law.fiu.edu/faculty_publications Part of the Banking and Finance Law Commons Recommended Citation Jerry W. Markham, Accountants Make Miserable Policemen: Rethinking the Federal Securities Laws, 28 N.C.J. Int'l L. & Com. Reg. 725, 812 (2003). This Article is brought to you for free and open access by the Faculty Scholarship at eCollections. It has been accepted for inclusion in Faculty Publications by an authorized administrator of eCollections. For more information, please contact [email protected]. +(,121/,1( Citation: Jerry W. Markham, Accountants Make Miserable Policemen: Rethinking the Federal Securities Laws, 28 N.C.J. Int'l L. & Com. Reg. 725 (2003) Provided by: FIU College of Law Content downloaded/printed from HeinOnline Tue May 1 11:26:02 2018 -- Your use of this HeinOnline PDF indicates your acceptance of HeinOnline's Terms and Conditions of the license agreement available at https://heinonline.org/HOL/License -- The search text of this PDF is generated from uncorrected OCR text. -- To obtain permission to use this article beyond the scope of your HeinOnline license, please use: Copyright Information Use QR Code reader to send PDF to your smartphone or tablet device Accountants Make Miserable Policemen: Rethinking the Federal -
The Bleeding Edge: Theranos and the Growing Risk of an Unregulated Private Securities Market
University of Miami Business Law Review Volume 28 Issue 2 Article 8 September 2020 The Bleeding Edge: Theranos and the Growing Risk of an Unregulated Private Securities Market Theodore O'Brien Follow this and additional works at: https://repository.law.miami.edu/umblr Part of the Business Organizations Law Commons, and the Securities Law Commons Recommended Citation Theodore O'Brien, The Bleeding Edge: Theranos and the Growing Risk of an Unregulated Private Securities Market, 28 U. Miami Bus. L. Rev. 404 (2020) Available at: https://repository.law.miami.edu/umblr/vol28/iss2/8 This Comment is brought to you for free and open access by the Journals at University of Miami School of Law Institutional Repository. It has been accepted for inclusion in University of Miami Business Law Review by an authorized editor of University of Miami School of Law Institutional Repository. For more information, please contact [email protected]. The Bleeding Edge: Theranos and the Growing Risk of an Unregulated Private Securities Market Theodore O’Brien* America’s securities laws and regulations, most of which were created in the early twentieth century, are increasingly irrelevant to the most dynamic emerging companies. Today, companies with sufficient investor interest can raise ample capital through private and exempt offerings, all while eschewing the public exchanges and the associated burdens of the initial public offering, public disclosures, and regulatory scrutiny. Airbnb, Inc., for example, quickly tapped private investors for $1 billion in April of 2020,1 adding to the estimated $4.4 billion the company had previously raised.2 The fundamental shift from public to private companies is evidenced by the so-called “unicorns,” the more than 400 private companies valued at more than $1 billion. -
2016.11.02 Crisis Management Infopak KD
® By in-house counsel, for in-house counsel.® InfoPAKSM Crisis Management in Litigation and Investigations: Parallel Proceedings, Competing Stakeholders, and Multiple Venues in a Global Environment Sponsored by: Association of Corporate Counsel Association of Corporate Counsel 1025 Connecticut Avenue, NW, Suite 200 1025 Connecticut Avenue, NW, Suite 200 Washington, DC 20036 USA Washington, DC 20036 USA tel +1 202.293.4103, fax +1 202.293.4701 tel +1 202.293.4103, fax +1 202.293.4701 www.acc.com www.acc.com 2 Crisis Management: in Litigation and Investigations: Parallel Proceedings, Competing Stakeholders, and Multiple Venues in a Global Environment Crisis Management in Litigation and Investigations: Parallel Proceedings, Competing Stakeholders, and Multiple Venues in a Global Environment November 2016 Provided by the Association of Corporate Counsel 1025 Connecticut Avenue, NW, Suite 200 Washington, DC 20036 tel +1 202.293.4103 fax +1 202.293.4107 www.acc.com Corporate crises, by their very nature, can severely disrupt a company and jeopardize its future. Effective management of the crisis is essential to minimizing disruptions to a company’s ongoing operations, protecting its brand and image, and ensuring its overall survival. This InfoPAKSM addresses a wide range of issues that commonly arise when a crisis hits, such as media relations, document preservation requirements, international issues, communications with authorities, public disclosure obligations, and data privacy, employee and human resources considerations. It also offers practical tips to in-house counsel with respect to both preparing for and handling a crisis. The information in this InfoPAKSM should not be construed as legal advice or legal opinion on specific facts, and should not be considered representative of the views of Skadden, Arps, Slate, Meagher & Flom LLP or of ACC or any of its lawyers, unless so stated. -
How and Why Did It Go So Wrong?: Theranos As a Legal Ethics Case Study
Georgia State University Law Review Volume 37 Issue 2 Winter 2021 Article 6 3-1-2021 How and Why Did it Go So Wrong?: Theranos as a Legal Ethics Case Study G.S. Hans Vanderbilt University, [email protected] Follow this and additional works at: https://readingroom.law.gsu.edu/gsulr Part of the Legal Education Commons, and the Legal Ethics and Professional Responsibility Commons Recommended Citation G.S. Hans, How and Why Did it Go So Wrong?: Theranos as a Legal Ethics Case Study, 37 GA. ST. U. L. REV. 427 (2021). Available at: https://readingroom.law.gsu.edu/gsulr/vol37/iss2/6 This Article is brought to you for free and open access by the Publications at Reading Room. It has been accepted for inclusion in Georgia State University Law Review by an authorized editor of Reading Room. For more information, please contact [email protected]. Hans: How and Why Did it Go So Wrong? HOW AND WHY DID IT GO SO WRONG?: THERANOS AS A LEGAL ETHICS CASE STUDY G.S. Hans* ABSTRACT The Theranos saga encompasses many discrete areas of law. Reporting on Theranos, most notably John Carreyrou’s Bad Blood, highlights the questionable ethical decisions that many of the attorneys involved made. The lessons attorneys and law students can learn from Bad Blood are highly complex. The Theranos story touches on multiple areas of professional responsibility, including competence, diligence, candor, conflicts, and liability. Thus, Theranos serves as a helpful tool to explore the limits of ethical lawyering for Professional Responsibility students. This Article discusses the author’s experience with using Bad Blood as an extended case study in a new course on Legal Ethics in Contemporary Practice. -
Annals of Health Law
BEAZLEY INSTITUTE FOR HEALTH LAW AND POLICY Annals OF Health Law ADVANCE DIRECTIVE The Online Health Policy and Law Review of Loyola University Chicago School of Law BRINGING YOU THE LATEST DEVELOPMENTS IN HEALTH LAW Volume 20 | Online Issue 2 SPRING 2011 ANNALS OF HEALTH LAW Advance Directive BEAZLEY INSTITUTE FOR HEALTH LAW AND POLICY EDITOR-IN-CHIEF Joseph Van Leer PUBLICATIONS EDITOR TECHNICAL PRODUCTION EDITOR Mallory Golas Christopher Carlson MARKETING & COORDINATING EDITOR SYMPOSIUM EDITOR Drew McCormick Megan Stiarwalt ADVANCE DIRECTIVE EDITOR Leilani Pino ANNALS SENIOR EDITORS Polina Arsentyeva Sonje Hawkins Christopher Freet Daniel Avants Amanda Swanson ADVANCE DIRECTIVE SENIOR EDITOR EDITOR-AT-LARGE Sara Zweig Jon Brouk MEMBERS Laura Ashpole Katie Kokoczka Caitlin Podielski Betsy Ballek Courney Lane Melissa Redondo Doriann Cain Erin Lau Sam Richardson Megan Donohue Melissa Levin Josh Rubin Matt Ennis Lizzy Magarian Stephen Samlan Bill Farley Andrew Maratea April Schweitzer Evette Ferkassian Daniel Marino Alexandra Sternberg Brenda Flores Krystina Mendoza Gretchen Thomas Lyndsay Gunkel Laura Morgan Katie Tobin Lindsey Kessler Alexandria Ottens William VanMeter Seth Knocke Daniel Palermo Katie Vessely Ashley Koenen Elizabeth Piekarz Eddie Young FACULTY ADVISORS Lawrence E. Singer, J.D., M.H.S.A. Director and Professor of Law, Beazley Institute for Health Law and Policy Loyola University Chicago School of Law John D. Blum, J.D., M.H.S. John J. Waldron Research Professor of Health Law Loyola University Chicago School of Law BUSINESS -
Alex Jones to Leave Shorenstein Center July 1, 2015
Spring 2015 Alex Jones to Leave Shorenstein Shorenstein Center Receives $1 Center July 1, 2015 Million Grant from Carnegie and Knight After fifteen years as Director of the Shorenstein Center, Alex Jones Foundations announced he will be leaving his post on July 1. Jones is the Center’s longest- The Shorenstein Center received match- serving director (2000-2015), arriving ing $500,000 grants from the John S. and after Marvin Kalb (1987-1999). His strong James L. Knight Foundation and the Carn- belief in the importance of quality jour- egie Corporation of New York. nalism has informed all of the work that The funding will help grow the reach we do. and improve the effectiveness of Journal- In his most recent book, Losing the ist’s Resource (journalistsresource.org) News, Jones referred to serious reported which supports news coverage by provid- news as the “iron core of information ing understandable research reports on a that is at the center of a functioning variety of subjects. The site is used by jour- democracy.” nalism schools that teach specialty report- Continued on page 2 ing topics and by journalists and major news outlets looking to build knowledge in science and social science subjects. Additionally, this support will continue Walter Shorenstein Media & biannual Carnegie-Knight journalism school deans’ meetings to help advance Democracy Fellows Focus on Data & journalism education reform. Thought leaders will be invited to consult with the Technology in Government deans on new ways of updating and inno- vating their curriculums as well as their The Shorenstein Center welcomed two writing about the policy, economic, and metrics for measuring success. -
Race and Equity in the Age of Unicorns
Hastings Law Journal Volume 72 Issue 5 Article 3 5-2021 Race and Equity in the Age of Unicorns Lynnise E. Phillips Pantin Follow this and additional works at: https://repository.uchastings.edu/hastings_law_journal Part of the Law Commons Recommended Citation Lynnise E. Phillips Pantin, Race and Equity in the Age of Unicorns, 72 HASTINGS L.J. 1453 (2021). Available at: https://repository.uchastings.edu/hastings_law_journal/vol72/iss5/3 This Article is brought to you for free and open access by the Law Journals at UC Hastings Scholarship Repository. It has been accepted for inclusion in Hastings Law Journal by an authorized editor of UC Hastings Scholarship Repository. For more information, please contact [email protected]. Race and Equity in the Age of Unicorns LYNNISE E. PHILLIPS PANTIN† This Article critically examines startup culture and its legal predicates. The Article analyzes innovation culture as a whole and uses the downfall of Theranos to illustrate the deficiencies in Silicon Valley culture, centering on race and class. The Article demonstrates that the rise and fall of the unicorn startup Theranos and its founder, Elizabeth Holmes, is emblematic of the problem with the glorification and pursuit of the unicorn designation for startup ventures. The examination of the downfall of Theranos exposes how investors, founders, and others in Silicon Valley engage with each other in the context of pursuing unicorn status. The saga of Theranos lays bare how the wealthy and the privileged control the private financial markets and underscores the structural inequities within the startup ecosystem. Such a structure promotes certain types of entrepreneurs to the exclusion of others. -
Asking Ultimate Questions
3 4 6 8 Working Together: Sweet Sixteen African American Indian Traditions Civil Discourse VA Festival of the Book Museums Network Sustaining Agriculture The Newsletter of the Virginia Foundation for the Humanities Summer 2010 The Humanities: Asking UltimateBY ROBERTA CULBERTSON Questions any of my favorite poets are soldiers. War distills life to its essence: there, the nature of ‘humanity’ is made clear in the language of ultimates: truth, right, duty, even beauty, and certainly love. Soldiers know this. To ask questions of or about the humanities, I always think it is well to start with war. MI have read Brian Turner’s Aeneid, which begins (in David “Curfew” many times (see p. 2). West’s translation): “I sing of Turner has served in the current arms and of the man, fated to war in Iraq, the one not yet in be an exile....” It is the story the history books. of Aeneas, a refugee from the Before their histories final battle of Troy. there is always the poetry of The Aeneid is largely wars. Each tells the same story a primer of war and its differently. Poetry describes the human consequences. Piece experience of war. War poetry by anguished piece, Virgil whipsaws between intense love constructs war: loyalty, family, and the most terrible gore, death, suffering, betrayal, fate, between aching beauty and the the games of the gods and the mundane made holy. “White gods’ limitations—intertwine birds rose from the Tigris:” we and conflict to shape not can see them, hear their wings only victory and loss but the above the ancient river.