Walgreens Board Says It Reacted Quickly To Theranos Fraud

Class attorney U. Seth Ottensoser of Keller Lenkner LLC said the relationship with Theranos was the result of the Walgreens board's reckless actions to ensure they were the first to get to a deal with the company while disregarding its responsibilities to act reasonably and exercise its oversight obligations.

"The entire deal was rushed through with Walgreens hoping everything would be okay in the end," he argued.

Tom Kayes