Theranos settles lawsuit from investor

Theranos

Blood-testing company Theranos has settled a pair of lawsuits by Partner Fund Management LP, one of its investors, it said on Monday.

What it means: With the lawsuit out of the way, Theranos can proceed with its offer to existing investors to get more shares if they promise not to sue the company. Partner Fund Management had filed a lawsuit to block the offer, arguing its terms would make it hard for the firm to recover its investment in the event of a bankruptcy.

And yet: While this adds to the small list of disputes the company has so far resolved, it's still facing other lawsuits and investigations, including by former business partner Walgreens.

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Democrats sound alarm on mail-in votes

Photo: Mark Makela/Getty Images

Democrats are calling a last-minute audible on mail-in voting after last night's Supreme Court ruling on Wisconsin.

Driving the news: Wisconsin Democrats and the Democratic secretary of state of Michigan are urging voters to return absentee ballots to election clerks’ offices or drop boxes. They are warning that the USPS may not be able to deliver ballots by the Election Day deadline.

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Nxivm cult leader Keith Raniere sentenced to life in prison

Carts full of court documents related to the U.S. v. Keith Raniere case arrive at the U.S. District Court for the Eastern District of New York in May 2019. Photo: Drew Angerer/Getty Images

Nxivm cult leader Keith Raniere, 60, was sentenced to 120 years in prison on Tuesday in federal court for sex trafficking among other crimes, the New York Times reports.

Catch up quick: Raniere was convicted last summer with sex trafficking, conspiracy, sexual exploitation of a child, racketeering, forced labor and possession of child pornography. His so-called self-improvement workshops, which disguised rampant sexual abuse, were popular among Hollywood and business circles.

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