Walgreens settles consumer claims it knew Elizabeth Holmes company Theranos was a fraud

Walgreens Boots Alliance Inc. reached a tentative settlement with consumers who received Theranos Inc. blood tests in Arizona and California and claimed that the drugstore giant was “willfully blind” to fraud at the blood-testing startup.

Lawyers for the company and consumers filed a notice with a federal judge in Arizona that they have reached a settlement-in-principle and expect to submit a request for court approval in about three weeks. Terms of the accord weren’t provided in Monday’s filing.

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