Jurors begin to weigh evidence in Elizabeth Holmes' case

2 years ago 286

Elizabeth Holmes, center, walks into national tribunal successful San Jose, Calif., Friday, Dec. 17, 2021. The lawyers for the opposing sides successful the proceedings of erstwhile Theranos CEO are expected to wrapper up their closing arguments Friday, paving the mode for a assemblage to statesman their deliberations implicit transgression charges accusing her of turning her blood-testing startup into a monolithic scam. (AP Photo/Nic Coury)

SAN JOSE, Calif. – The jurors present liable for assessing 11 charges of fraud and conspiracy against erstwhile Theranos CEO Elizabeth Holmes are scheduled to statesman their archetypal afloat time of deliberations Monday. They person plentifulness of grounds to reappraisal aft a three-month proceedings that captivated Silicon Valley.

That included the grounds of 32 witnesses — including Holmes herself — and much than 900 exhibits.

The 8 men and 4 women connected the assemblage took the play disconnected aft Judge Edward Davila handed them the lawsuit precocious Friday afternoon. They are charged with determine whether Holmes turned her blood-testing startup into a monolithic scam. If convicted connected each counts, Holmes, 37, could look up to 20 years successful prison.

The proceedings revolves astir allegations that Holmes duped investors, concern partners and patients astir Theranos' technology. She repeatedly claimed that the company's caller investigating instrumentality could scan for hundreds of diseases and different problems with a fewer drops of humor taken with a digit prick alternatively of a needle stuck successful a vein.

Ad

The conception was truthful compelling that Theranos and Holmes were capable to rise much than $900 million, immoderate of that from billionaire investors specified arsenic media magnate Rupert Murdoch and bundle titan Larry Ellison. The Palo Alto, California, institution besides negotiated perchance lucrative deals with large retailers Walgreens and Safeway. Holmes soon began to grace nationalist mag covers arsenic a wunderkind.

Unknown to astir radical extracurricular Theranos, the company’s blood-testing exertion was flawed, often producing inaccurate results that could person endangered the lives of patients who took the tests.

After the flaws were exposed successful 2015 and 2016, Theranos yet collapsed. The Justice Department filed its transgression lawsuit successful 2018.

In a melodramatic crook connected the witnesser basal past month, Holmes testified that Balwani had been covertly controlling her diet, her friendships and much portion subjecting her to mental, affectional and intersexual abuse. Although the grounds formed Holmes arsenic Balwani's pawn, her defence squad did not notation the alleged maltreatment and its effects connected Holmes during closing arguments.

Ad

Balwani’s lawyer adamantly denied Holmes’ accusations successful tribunal documents that the assemblage ne'er saw. Jurors besides ne'er heard from Balwani, who intended to invoke his Fifth Amendment close against self-incrimination had helium been called to testify. Balwani, 56, faces akin fraud charges successful a abstracted proceedings scheduled to statesman successful February.

That leaves the assemblage to determine whether the alleged spouse maltreatment whitethorn person affected Holmes' decisions astatine Theranos.

Copyright 2021 The Associated Press. All rights reserved. This worldly whitethorn not beryllium published, broadcast, rewritten oregon redistributed without permission.


Read Entire Article