Technology,
Securities,
Criminal,
Corporate
Jan. 4, 2022
Theranos CEO found guilty of defrauding investors
Elizabeth Holmes — who once was a star CEO whose trial drew large crowds to San Jose’s federal courthouse — could face a maximum of 20 years in prison when she is sentenced. She is expected to appeal.
A federal jury in San Jose convicted Theranos founder Elizabeth A. Holmes on Monday of four counts of defrauding investors.
The jury acquitted her of defrauding patients who used the defunct company's blood testing technology and deadlocked on other charges.
The verdict, following seven days of deliberations, is a big victory for Northern District prosecutors led by Assistant U.S. Attorney Robert S. Leach in the...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In
Enewsletter Sign-up
Related Content
Technology, Securities, Criminal, Corporate
Holmes portrayed as idealistic visionary or liar in trial opening
By Craig Anderson
Health Care & Hospital Law, Criminal
Theranos chief's fraud trial delayed by juror COVID scare
Health Care & Hospital Law, Criminal
Theranos chief's fraud trial delayed by juror COVID scare
By Craig Anderson, Winston Cho
Technology, Criminal
Holmes claims ex’s abuse impacted her role in Theranos misconduct
By Winston Cho
