Lawyer encouraged Walmart heirs, other clients to invest $378M in Theranos

Lawyer encouraged Walmart heirs, other clients to invest $378M in Theranos

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An estate and trust lawyer who advised former Secretary of State Henry Kissinger knew Theranos was a risky bet but decided to invest in it anyway, he said Wednesday. Daniel Mosley was such a big believer in Theranos Inc. that not only did he invest $6 million of his own money in the company, but he encouraged many of his high profile clients to do so as well, including the Walton family —the heirs to the Walmart (NYSE: WMT) fortune — and the family of former Education Secretary Betsy DeVos,…

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