In an interview the shareholder explained, “I did not sign the consent form. There was no statement saying that a failure to respond was tantamount to consent. How could it have passed by unanimous consent? I got emails from Theranos asking me to sign. I never did. Nor did I receive information about Theranos’s financial performance or prospects.”
These deals don't need 100% response or signature to get "unanimous consent" - only a majority. That this was highlighted is either sloppy on the part of Forbes or deliberately trying to stir the pot.
As much as we love down in flames stories (for some grotesque reason) I don't think there is much to see here.
These deals don't need 100% response or signature to get "unanimous consent" - only a majority. That this was highlighted is either sloppy on the part of Forbes or deliberately trying to stir the pot.
As much as we love down in flames stories (for some grotesque reason) I don't think there is much to see here.