The jury is weighing fraud charges against former Theranos CEO Elizabeth Holmes.
Theranos founder and former CEO Elizabeth Holmes goes through a security checkpoint as she arrives at the Robert F. Peckham Federal Building on December 17, 2021 in San Jose, California.SAN JOSE, Calif. — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes will start their second week of deliberations Monday.
that has captivated Silicon Valley. The jurors deliberated for three days last week before adjourning Thursday afternoon for the holiday weekend.The case has attracted worldwide attention. At its core is the rise and fall of Holmes, who started Theranos as a 19-year-old college dropout and then went on to break through Silicon Valley’s male-dominated culture with her bold claims and fundraising savvy.
It was such a compelling concept that Theranos raised more than $900 million and struck partnerships with major retailers Walgreens and Safeway. Holmes herself became the subject of cover stories on business magazines.But unknown to most people outside Theranos, the company’s blood-testing technology was flawed, often producing inaccurate results that could have endangered the lives of patients.
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