Yes, word on the street is that they are being investigated by the SEC for misleading their investors.

This very sparse report leads with the same text and twitter is full of news sources "reporting" the same thing.

I have a feeling that it's going to be a bad time for Theranos employee's and investors over the next few months. It's going to be much worse for a few of their executives.

With lots of mutual funds investing in these pseudo-public technology companies, actual investors are at risk.

Thankfully, the SEC has our backs.