Walgreens Settles Consumer Claims It Knew Theranos Was a Fraud

Walgreens Boots Alliance Inc.reached a tentative settlement with consumers who received Theranos Inc. blood tests in Arizona and California and claimed that the drugstore giant was “willfully blind” to fraud at the blood-testing startup.

Lawyers for the company and consumers filed a notice with a federal judge in Arizona that they have reached a settlement-in-principle and expect to submit a request for court approval in about three weeks. Terms of the accord weren’t provided in Monday’s filing.

US District Judge David Campbell in Phoenix this month ordered the case to go to trial after concluding there are factual ...