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Jan 4, 2022 · Of the 11 charges, Holmes was acquitted on all that related to defrauding patients and one count of conspiracy. The jury remained deadlocked on three counts of defrauding investors. The underlying ...
Jan 3, 2022 · Jan. 3, 2022. SAN JOSE, Calif. — Elizabeth Holmes, the founder of the failed blood testing start-up Theranos, was found guilty of four of 11 charges of fraud on Monday, in a case that came to ...
Jul 7, 2022 · But this set of verdicts makes him just as culpable, in some respects more culpable, for the Theronos scandal than Holmes. Holmes was convicted of four charges of fraud, Balwani of 12 counts.
Theranos was a blood testing company based in Palo Alto and Newark, Calif. Holmes used a combination of direct communications, marketing materials, statements to the media, financial statements ...
Feb 12, 2024 · Theranos reportedly raised roughly $724 million of capital from venture capitalists and private investors, ultimately attaining a valuation of $10 billion. ... Story of a Scandal.
Holmes and former Theranos president Ramesh “Sunny” Balwani have been indicted on federal fraud charges. ... The facet of this scandal that makes it so egregious, and in some ways more ...
Nov 18, 2022 · Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup Theranos.
