May 1, 2017

Theranos settles lawsuit from investor


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.

Go deeper

Sanders addresses Russian interference in his campaign

Photo: Scott Olson/Getty Images.

Sen. Bernie Sanders sent a message to Russian President Vladimir Putin on the debate stage Tuesday, stating, "If I'm president of the United States, trust me, you're not going to interfere in any more American elections."

The big picture: It was unveiled last week that Russia has been interfering to boost Sanders' campaigns in an apparent attempt to strengthen President Trump's bid for reelection. Former New York Mayor Michael Bloomberg said that "Vladimir Putin thinks that Donald Trump should be president of the United States, and that's why Russia is helping [Sanders] get elected.

Debate night: Candidates' last face-off before Super Tuesday

Sanders, Biden, Klobuchar and Steyer in South Carolina on Feb. 25. Photo: Jim Watson/AFP via Getty Images

Sen. Bernie Sanders wants to keep his momentum after winning New Hampshire and Nevada, while former Vice President Joe Biden hopes to keep his own campaign alive. The other five candidates are just trying to hang on.

What's happening: Seven contenders for the Democratic presidential nomination are in Charleston, South Carolina, for the tenth debate, just days before the South Carolina primary and a week before Super Tuesday.

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