Former Theranos COO set to be sentenced
Ramesh "Sunny" Balwani, the former chief operating officer of failed blood testing startup Theranos, is set to be sentenced on Wednesday for fraud, marking an end to the stunning downfall of a high-flying Silicon Valley company that resulted in the r.....»»
Elizabeth Holmes Admits Doctoring Lab Reports With Pharma Company Logos
An anonymous reader quotes a report from NBC News: Theranos founder and former CEO Elizabeth Holmes returned to the witness stand Tuesday, confirming key aspects of the prosecutor's allegations behind the 11 counts of fraud she faces, but asserting t.....»»
Elizabeth Holmes throws scientists under the bus
Holmes' rosy view of Theranos technology was shaped by others, she claims. Enlarge / Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, on Monday, Nov. 22, 2021. Holmes targeted ultra-wealthy.....»»
Wealth and privilege allowed Elizabeth Holmes to start Theranos
Without money and status, Holmes’ dream may have never gotten off the ground. Enlarge / Theranos founder and former CEO Elizabeth Holmes, left, walks with her mother, Noel Holmes, as they arrive for Elizabeth Holmes' trial at the Rob.....»»
Elizabeth Holmes testifies in her own criminal trial
Elizabeth Holmes, the disgraced founder and former CEO of Theranos, is set to resume testifying Monday in her criminal trial. Holmes faces 11 federal fraud charges over allegations that she knowingly misled investors, doctors and patients about her c.....»»
Elizabeth Holmes to resume testimony in her own criminal trial
For months, Elizabeth Holmes sat silently, masked, in a San Jose federal courtroom as the government mounted its case to jurors that she knowingly lied about the capabilities of her blood-testing company, Theranos, in order to get money......»»
Elizabeth Holmes takes the stand in her criminal trial
Elizabeth Holmes, the disgraced founder and former CEO of Theranos, is taking the stand in her own criminal trial......»»
Holmes claimed Theranos could do “more than 1,000 tests”—it did 12
Jury hears first words from Elizabeth Holmes, and they’re pretty damning. Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, Calif., on Tuesday, Oct. 12, 2021. (credit: David Paul Morri.....»»
After 11 weeks of testimony and many delays, prosecution rests case against Elizabeth Holmes
After testimony from 29 witnesses, federal prosecutors are resting their case against Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos......»»
QAnon Shaman receives 41 month prison sentence for storming the Capitol on Jan. 6
The most recognizable Capitol rioter has just received one of the longest sentences related to the events of Jan. 6.Jacob Chansley, better known as the "QAnon Shaman," was sentenced for 41 months in prison on Wednesday, the Washington Post reports. C.....»»
Elizabeth Holmes trial: Journalist who helped "raise to prominence" Theranos CEO takes witness stand
Journalist Roger Parloff, who wrote the first major cover story on Theranos' Elizabeth Holmes and later issued a retraction, was called to testify in her criminal trial Thursday......»»
Elizabeth Holmes trial: Journalist who helped "raise to prominence" Theranos CEO to take witness stand
Journalist Roger Parloff, who wrote the first major cover story on Theranos' Elizabeth Holmes and later issued a retraction, is expected to testify in her criminal trial as soon as Thursday......»»
Theranos gave woman false-positive HIV result, then ghosted her
Court hears about ignored patient, missed revenue projections, and more. Enlarge (credit: Nitat Termmee | Getty Images) Before his firm’s investment in Theranos, Brian Grossman acknowledged certain risks. The company may not.....»»
Holmes jury learns how Theranos duped a savvy health care investor
Specialist hedge fund had three analysts investigating Theranos. Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021. (credit: David Paul Morris/Bloombe.....»»
Angry Texan who lost $1.2 million Theranos investment lights up Holmes trial
Theranos investor could have made 20x—why didn’t he sell? Enlarge / Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the US District Courthouse in San Jose, California.....»»
Holmes’ ex-boyfriend, who was Theranos exec, bullied and ignored $1.2M investor
Jury hears more Theranos missteps from frustrated investor, former lab director. Enlarge In 2006, Alan Eisenman invested more than $1 million in Theranos, a then-promising medical diagnostic company founded by college dropout.....»»
Theranos tests detected prostate-cancer marker in prostateless women
Holmes struggled to explain why Theranos test found male biomarker in women. Enlarge / Former Theranos founder and CEO Elizabeth Holmes goes through security after arriving for court at the Robert F. Peckham Federal Building on Septemb.....»»
Theranos lab director never entered the lab, resigned over “lack of clarity”
Prosecution dealt setback as judge rules patient can’t testify. Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, Calif., on Tuesday, Oct. 12, 2021. (credit: David Paul Morris/Bloomber.....»»
Wealthy families, encouraged by Henry Kissinger’s lawyer, sank over $400M into Theranos
Attorney said he trusted Theranos documents, including fake Pfizer report. Enlarge / Theranos founder Elizabeth Holmes speaks on stage during the closing session of the Clinton Global Initiative 2015 on September 29, 2015, in New York.....»»
Theranos swiped logos from Pfizer and another pharma giant for fake reports
Investors tell jury that they believed pharma companies had validated the tech. Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021. (credit: David Paul.....»»
$100M Theranos investor did little vetting for fear of upsetting Elizabeth Holmes
Theranos was “hand-picking” investors to keep company private, jury hears. Enlarge / Former Theranos founder and CEO Elizabeth Holmes goes through security after arriving for court at the Robert F. Peckham Federal Building on Septe.....»»