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(NEW YORK) — A jury has convicted Theranos founder Elizabeth Holmes on four counts of fraud on their seventh day of deliberations. She was acquitted on another four, and a mistrial was declared on the remaining three counts. Holmes was found guilty on one count […]
Elizabeth Holmes, the former CEO and founder of failed blood testing startup Theranos, was found guilty on four charges of defrauding investors, capping off the stunning downfall of a former
Holmes faces up to 20 years in prison as well as a fine of $250,000 plus restitution for each count.
SAN JOSE, Calif. -- Elizabeth Holmes, founder of the failed blood-testing startup Theranos, was found guilty Monday on four of the 11 fraud charges she faced, in a case that came to symbolize the pitfalls of Silicon Valley's culture of hustle, hype and greed.
SAN JOSE, Calif. -- Elizabeth Holmes, founder of the failed blood-testing startup Theranos, was found guilty Monday on four of the 11 fraud charges she faced, in a case that came to symbolize the pitfalls of Silicon Valley's culture of hustle, hype and greed.