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Walgreens wants court to toss Theranos lawsuit

May 09, 2019 / Ben Unglesbee

Walgreens attorneys argued in a Delaware court this week that the drugstore retailer's board acted quickly when learning of fraudulent claims by Theranos, a blood-testing startup (now dissolved) that Walgreens partnered with starting in 2012, according to reports in Bloomberg Law and Law360. Theranos has been accused of fraud by the federal government and consumers who lodged suits against it. On Wednesday, Walgreens asked the Delaware court to toss out a shareholder's lawsuit against it, the retailer's attorneys said the plaintiff failed to prove the board overlooked warnings of Theranos' fraud, according to Bloomberg Law. Walgreens also faces ongoing consumer class action suits over its deal with Theranos. Walgreens declined to comment on the suit.