Theranos Walgreens Blood Test Fraud
Issue: Consumer Fraud
Lieff Cabraser served as co-lead counsel in In re Arizona Theranos, Inc. Litigation, a class action alleging that the defendants (Theranos, Elizabeth Holmes, Ramesh Balwani, and Walgreens), misled consumers into submitting to blood testing services under the false pretense that the services were market-ready when the defendants knew or ignored that the services were not market-ready and could not serve the purpose of legitimate blood testing. The case included claims for fraud by omission, civil RICO, and medical battery. Hundreds of thousands of consumers submitted to these blood tests.
In 2020, the Court certified a class and subclasses of consumers.
In 2024, the Court approved class settlements totaling $45.33 million that is providing direct monetary relief to the class members.
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