U.S. Charges Former Outcome Health Executives With Fraud

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U.S. Charges Former Outcome Health Executives With Fraud
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Federal prosecutors filed criminal charges against former executives of once-highflying startup Outcome Health, alleging they defrauded pharmaceutical companies and a number of investors

Federal prosecutors filed criminal charges against former executives of once-highflying startup Outcome Health, alleging they defrauded pharmaceutical companies as well as investors including Goldman Sachs Group Inc., Alphabet Inc. and an investment firm then headed by Illinois governor J.B. Pritzker.

The indictments of the company’s former chief executive, Rishi Shah, as well as ex-president Shradha Agarwal and previous finance chief Brad Purdy, conclude a two-year investigation by the Justice Department. The case was sparked...

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