Shares of health-care companies declined as traders bet big pharmaceutical companies would show struggles in upcoming earnings reports. Silicon Valley blood-testing concern Theranos misled company directors about its laboratory-testing practices, used a shell company to "secretly" buy commercial-lab equipment, and improperly created rosy financial projections for investors, according to allegations in a lawsuit filed by one of its investors.
-Rob Curran, email@example.com
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(END) Dow Jones Newswires
April 21, 2017 16:34 ET (20:34 GMT)