BREAKING: Elizabeth Holmes found guilty on 4 of 11 charges, jury could not reach verdict on 3
Balwani faces his own trial next year over his alleged role in defrauding the company's stakeholders.
Holmes founded Theranos at 19 years old after dropping out of Stanford University and dazzled Silicon Valley and investors alike with the promise that Theranos' technology could diagnose an array of diseases with just a few drops of blood from aElizabeth Holmes, Theranos CEO and the world's youngest self-made female billionaire, in an interview on September 29, 2015The young entrepreneur became a billionaire on paper after raising more than $900 million from investors, but things began...
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Elizabeth Holmes found guilty on four out of 11 federal chargesThe jury in the criminal trial of Elizabeth Holmes, the former CEO and founder of Theranos, has reached a verdict. Holmes was found guilty on four charges — three counts of wire fraud and one count of conspiracy to commit wire fraud. The jury returned no verdict on three counts of wire fraud. She was found not guilty on three additional charges of wire fraud and one charge of conspiracy to commit wire fraud.
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Elizabeth Holmes Found Guilty On Wire Fraud ChargesThe jury also found the former Theranos CEO not guilty on four counts, and sent a note to the judge on Monday morning that they were deadlocked on three counts.
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Theranos founder Elizabeth Holmes found guilty on some fraud chargesFederal prosecutors had accused Holmes of spearheading a massive scam as she promised patients and investors that Theranos was building technology capable of revolutionizing medicine.
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Jury convicts Theranos founder Elizabeth Holmes of fraud and conspiracyElizabeth Holmes was found guilty Monday of criminal fraud after she built her blood-testing startup Theranos Inc. into a $9 billion company only to see it...
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