A jury has convicted the former Theranos CEO of fraud after more than a week of deliberations. She had been charged with nine counts of wire fraud and two counts of conspiracy to commit wire fraud, but jurors only agreed unanimously on eight total. That deadlock remained hours later even after U.S. District Judge Edward Davila instructed them to continue deliberating. Out of those that went to verdict, Holmes was found guilty of four. She faces up to 20 years in prison.
The jury remained deadlocked on the three remaining charges, forcing a mistrial on the unresolved counts. SAN JOSE, Calif. — Theranos founder Elizabeth Holmes was convicted Monday of four federal charges of fraud for exaggerating to investors what her blood testing company's machines could do, how …
SAN JOSE, Calif. (AP) — In a case that exposed Silicon Valley’s culture of hubris and hype, Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few …
The image of Elizabeth Holmes as a disgraced former startup founder who careened her once-high-flying blood-testing company off a cliff has been etched into Silicon Valley history. Many who formed opinions about Holmes after watching the documentary, reading the bestselling book or listening to a …
San Jose, California CNN Business — Elizabeth Holmes’ fate in her criminal fraud trial will not be decided before Christmas as the jury failed to reach a verdict in its first week of deliberations. After more than 20 hours of deliberating across three days this week, the jury of eight men and four …
This is the second question jurors have asked the court SAN JOSE — The jury in the Elizabeth Holmes trial asked the court to play recordings of the Theranos founder on an investor call on its third full day of deliberations here in the wire fraud trial of the Silicon Valley entrepreneur. The portion …
SAN JOSE, Calif — After 14 hours of deliberations, jurors in Elizabeth Holmes' criminal trial asked Judge Edward Davila on Tuesday if they could take …
Is Elizabeth Holmes guilty? Prosecution and defense offer their final arguments. Who is to blame for the implosion of Theranos, the ill-fated …
