Theranos and Walgreens agreed to pay a combined $45.33 million settlement to resolve a class action lawsuit claiming that Theranos blood-testing services were misleadingly advertised.
According to the class action lawsuit, Theranos and Walgreens conspired to defraud customers by making them believe they could have sophisticated blood tests done through only a “tiny” blood draw. Plaintiffs in the case claim that they gave blood at Theranos and Walgreens stores under false pretenses since they did not know the tests were unreliable and not market-ready.
Theranos was a consumer healthcare tech startup company valued at $10 billion at its peak — before its founders were charged with fraud by state and federal authorities. Walgreens invested millions of dollars into a partnership with Theranos.
Walgreens agreed to pay $44 million to resolve the testing class action lawsuit. Theranos, which is now dissolved, agreed to contribute $1.33 million to the settlement fund.
Theranos, Walgreens Blood Testing False Ad Class Action Lawsuit
- Who’s Eligible:
- Consumers who purchased Theranos testing services between November 2013 and June 2016, regardless of whether they paid for these services out of pocket, through health insurance or through any other source.
- Two statewide subclasses: an Arizona subclass of class members who made Theranos purchases in Arizona between November 2013 and June 2016 and a California subclass of class members who made Theranos purchases in California between September 2013 and June 2016.
- Walgreens Edison subclass: Theranos purchasers who were subjected to “tiny” blood draws or fingerpricks by a Walgreens employee between November 2013 and March 2015.
- Estimated Amount: Varies
- Proof of Purchase: N/A
- Claim Form Deadline: 01/08/2024 (Exclusion Deadline)
- Case Name & Number:
- In re: Arizona Theranos Inc. Litigation, Case No. 2:16-cv-2138- DGC, in the U.S. District Court for the District of Arizona
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
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Bottom Line
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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