Bad Blood

(Axel Boer) #1
Fourth Quarter 2011 Results,” press release, February 23, 2012.

One of them, Ed Kelly: Conference call on Safeway’s fourth-quarter 2011 earnings
held at 11:00 a.m. EST on February 23, 2012, available on Earningscast.com.


Piqued, Burd said he disagreed: Ibid.


A few months earlier: CMS Form 2567 indicating an inspection of Theranos’s
laboratory at 3200 Hillview Avenue in Palo Alto was completed on January 9,
2012, with no deficiencies found.


Although the ultimate enforcer: California Bureau of State Audits, “Department of
Public Health: Laboratory Field Services’ Lack of Clinical Laboratory
Oversight Places the Public at Risk,” September 2008.


To Dupuy, Lim’s blunders were inexcusable: Letter dated June 25, 2012, sent by
attorney Jacob Sider to Elizabeth Holmes on behalf of Diana Dupuy.


The phlebotomists hadn’t been trained to use: Ibid.


The email, on which she copied Elizabeth: Email with the subject line “Events” sent
by Diana Dupuy to Sunny Balwani, copying Elizabeth Holmes, at 11:13 a.m.
PST on May 27, 2012.


Sunny agreed to have someone: Email with the subject line “RE: Observations”
sent by Sunny Balwani to Diana Dupuy, copying Elizabeth Holmes, at 2:16
p.m. PST on May 27, 2012.


Over the next several days: Emails with the subject lines “Important notice from
Theranos” and “RE: Important notice from Theranos” sent by David Doyle to
Diana Dupuy on May 29, May 30, and June 1, 2012.


Dupuy initially refused: Sider’s June 25, 2012, letter to Holmes.


Burd was asked about the status: Conference call on Safeway’s first-quarter 2012
earnings held at 11:00 a.m. EST on April 26, 2012, available on
Earningscast.com.


In the next earnings call: Conference call on Safeway’s second-quarter 2012
earnings held at 11:00 a.m. EST on July 19, 2012, available on
Earningscast.com.


Shortly after the stock market closed: Safeway, “Safeway Announces Retirement of
Chairman and CEO Steve Burd,” press release, January 2, 2013.


Among a list of his achievements: Ibid.


Just three months after leaving: “Letter from Steve Burd, Founder and CEO” at
Burdhealth.com.



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