Selling Ahead of Availability: Lessons Learned on Funding, Transparency, and Corporate Governance From the Theranos Saga and Elizabeth Holmes Criminal Conviction
Building and funding a life science company in a "move fast and break things" culture brings inherent challenges as the pressure to grow competes with the "do no harm" ethic and legal obligations to investors and customers. The session covered lessons learned from Theranos' meteoric rise and fall, including a review of facts revealed in the Elizabeth Holmes trial and conviction. This panel included emerging company lawyers with in-house experience, who routinely help companies and investors navigate fundraisings, disclosure and due diligence obligations, and corporate governance, as well as a seasoned white-collar litigator who regularly advises on high-stakes criminal, legislative, and regulatory investigations and proceedings, internal investigations, and securities and other litigation.
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Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.