Search

(Bloomberg) -- Prosecutors called former U.S. Secretary of Defense James Mattis as a witness against Theranos Inc. founder Elizabeth Holmes to try to show he was deceived in multiple ways -- as a military man, a member of the company's board and as an investor. Read More: Boise, Kissinger, Mattis Make Witness List in Holmes Prosecution Mattis started out by telling jurors that Holmes came across as "sharp, articulate, committed" when he first met her about a decade ago, before he joined the board. [Extracted from the article]

(Bloomberg) -- Former U.S. Secretary of Defense James Mattis told a jury that Theranos Inc. founder Elizabeth Holmes came across as "sharp, articulated, committed" when he first met her about a decade ago, before he joined the board of the blood-testing startup that ultimately collapsed in scandal. Ex-Defense Secretary Mattis Says Holmes Was "Sharp" at Theranos Mattis, who headed the armed forces under former President Donald Trump, is among several high-profile witnesses expected to be called by the government for Holmes's criminal fraud trial. [Extracted from the article]

Mattis, a former board member at Theranos Inc., is among several high-profile witnesses expected to be called by the government. (Bloomberg) -- Former U.S. Secretary of Defense James Mattis took the stand in Elizabeth Holmes's criminal fraud trial on Wednesday as a government witness. [Extracted from the article]

After Zachman complained to Theranos, the company corrected the result for Gould's third test -- the one that had revealed a steep HCG drop-off. Trefz also questioned Zachman about her claim that after Gould's experience, she never sent another patient to Theranos for blood-testing. [Extracted from the article]

Eight years later, Gangakhedkar was testifying Friday at the criminal trial of her former boss, Elizabeth Holmes, the founder and former chief executive officer of Theranos. (Bloomberg) -- On her way out the door when she quit working at Theranos Inc., Surekha Gangakhedkar says she printed and took company documents "to protect myself" -- because she suspected a pending launch of the company's blood-testing machines in Walgreens stores would end badly. Gangakhedkar was apparently worried about Theranos's criminal liability as far back as 2013, said James Melendres, a former prosecutor turned criminal defense lawyer at Snell & Wilmer. [Extracted from the article]

The lawyer began his cross-examination by pointing to Cheung's junior status at Theranos relative to other employees with deeper credentials in science and medicine. (Bloomberg) -- A lawyer for Theranos Inc. founder Elizabeth Holmes sought to undercut the testimony of a former employee turned whistle-blower by emphasizing how far down the company hierarchy she was from the boss. [Extracted from the article]

Theranos' former financial controller testified the blood testing company was accumulating massive losses as Holmes was raving to investors. [ABSTRACT FROM AUTHOR]

(Bloomberg) -- A former Theranos Inc. lab worker-turned-whistle-blower jolted Elizabeth Holmes's trial, animating allegations that the blood-testing startup was a fraud with her descriptions of wrongdoing to patients and hinting at more to come Wednesday. Wearing a pinstriped jacket, Erika Cheung strode past the defendant to the witness stand and confidently told jurors how she was initially "star-struck" when Holmes interviewed and hired her in 2013 as a lab associate at Theranos. [Extracted from the article]

Erika Cheung, a former employee at Theranos Inc., testified in Elizabeth Holmes's fraud trial, stating that she was initially "star-struck" by Holmes but eventually became uncomfortable with how patient samples were processed and decided to leave the company. Cheung had inside knowledge of the company's operations and claimed to have detected wrongdoing. She testified that she didn't believe Theranos technology was adequate and that executives pressured employees to hide inaccuracies in blood-test results. Cheung's testimony is seen as crucial to the prosecution's case against Holmes. [Extracted from the article]

Balwani's lawyer, Jeffrey Coopersmith, pointed out that the court has reserved seats for Holmes' friends and family, government agents and the press. (Bloomberg) -- Lawyers representing Elizabeth Holmes's former boyfriend will have to fight for seats at her criminal trial like everyone else.The federal judge handling what may be the most closely watched trial in Silicon Valley history rejected a request by attorneys representing Ramesh "Sunny" Balwani for two reserved seats in the courtroom. [Extracted from the article]

(Bloomberg) -- Lawyers representing Elizabeth Holmes's former boyfriend will have to fight for seats at her criminal trial like everyone else.The federal judge handling what may be the most closely watched trial in Silicon Valley history rejected a request by attorneys representing Ramesh "Sunny" Balwani for two reserved seats in the courtroom. Balwani's lawyer, Jeffrey Coopersmith, pointed out that the court has reserved seats for Holmes' friends and family, government agents and the press. [Extracted from the article]

Holmes' lawyer opened up her trial by painting her as well-intentioned, not the "villain" the prosecution has suggested. [ABSTRACT FROM AUTHOR]

The prosecution detailed how Holmes forged a report from Pfizer and manipulated third-party machines to deceive investors. [ABSTRACT FROM AUTHOR]

The defense's opening statement described Holmes as a pioneering leader who shared the "fake it 'til you make it" mentality typical of other Silicon Valley startups but, due to her lack of experience, "naively underestimated" some of the challenges that arose in Theranos' path to scientific viability. [ABSTRACT FROM AUTHOR]

At the same time as Balwani was "hard-charging" and demanded devotion and long hours from everyone including Holmes, Wade said, Balwani sometimes "did not take well to people who disagreed with him." Holmes's lawyer, Lance Wade, twice came close Wednesday to placing the blame for her alleged fraud on her ex-boyfriend and former Theranos president Ramesh "Sunny" Balwani, as he wove a narrative of her life. Read More: Elizabeth Holmes Transforming From CEO to Victim for Jurors When Theranos was struggling and needed business expertise, Holmes turned to Balwani, Wade said. [Extracted from the article]

Elizabeth Holmes Prosecutors Target "Lying and Cheating" in Theranos Trial (Bloomberg) -- Theranos Inc. founder Elizabeth Holmesisn't the "villain" prosecutors have depicted, her lawyertold a jury, while warning that the "reality" behind themost highly anticipated criminal trial in Silicon Valleyhistory is "technical and boring." Read More: Elizabeth Holmes Transforming From CEO toVictim for Jurors Deep into his argument, Wade brought upformer Theranos President Ramesh "Sunny" Balwani, who wasHolmes's one-time romantic partner. [Extracted from the article]

(Bloomberg) -- The rise and fall of Theranos Inc. founderElizabeth Holmes is a story about "lying and cheating,"U.S. prosecutors said at the start of what promises to bethe highest-drama white-collar criminal trial in SiliconValley history. In a trial expected to go until December,a successful opening explains generally what the case isabout, the key players and what jurors should be lookingout for, said Amanda Kramer, a former prosecutor turneddefense lawyer." Holmes Prosecutors Target "Lying and Cheating" in Theranos Trial. [Extracted from the article]

Holmes' defense team has submitted a list of dozens of potential witnesses, which includes herself. [ABSTRACT FROM AUTHOR]

Such experience for any particular juror is no guarantee they will side with Holmes, said Merrie Jo Pitera, a jury consultant at Litigation Insights in Overland Park, Kansas. (Bloomberg) -- A jury of seven men and five women was sworn in Thursday for the criminal fraud trial of Elizabeth Holmes over charges that the Theranos Inc. founder defrauded investors and patients. [Extracted from the article]

(Bloomberg) -- A jury of seven men and five women was sworn in Thursday for the criminal fraud trial of Elizabeth Holmes over charges that the Theranos Inc. founder defrauded investors and patients. Potential jurors who described the most severe accounts of abuse were mostly eliminated from the pool by lawyers. [Extracted from the article]

Such experience for any particular juror is no guarantee they will side with Holmes, said Merrie Jo Pitera, a jury consultant at Litigation Insights in Overland Park, Kansas. (Bloomberg) -- A jury of seven men and five women was sworn in Thursday for the criminal fraud trial of Elizabeth Holmes over charges that the Theranos Inc. founder defrauded investors and patients, the judge said. [Extracted from the article]

(Bloomberg) -- A jury was selected Thursday for the criminal fraud trial of Elizabeth Holmes over charges that the Theranos Inc. founder defrauded investors and patients, the judge said. Jurors haven't yet appeared in the courtroom Holmes, 37, faces a dozen fraud and conspiracy counts that could send her to prison for as long as 20 years if she's convicted. [Extracted from the article]

Read More: The Spectacular Rise and Fall of Elizabeth Holmes and Theranos While some law professors and defense attorneys are skeptical about the strategy, unheard of in a white-collar fraud case, others point out it needs to resonate with only one sympathetic juror for Holmes to avoid being convicted. When attorneys got the chance to inquire with prospective jurors, Assistant U.S. Attorney Jeff Schenk asked if testimony about abuse might "trigger feelings.". [Extracted from the article]

When attorneys got the chance to inquire with prospective jurors, Assistant U.S. Attorney Jeff Schenk asked if testimony about abuse might "trigger feelings." Read More: The Spectacular Rise and Fall of Elizabeth Holmes and Theranos While some law professors and defense attorneys are skeptical about the strategy, unheard of in a white-collar fraud case, others point out it needs to resonate with only one sympathetic juror for Holmes to avoid being convicted. [Extracted from the article]

(Bloomberg) -- More than a dozen people were dismissed from serving on Elizabeth Holmes's jury, as the first day of the Theranos Inc. founder's criminal trial got underway in California. Read More: Theranos Founder's Dream Jury Would Be Silicon Valley Savvy Holmes, sitting between her lawyers, remained silent but often scanned the panel. [Extracted from the article]

The article focuses on a device that could perform blood tests from just a finger stick, doctors, patients, and investors from a health technology company Theranos laboratories. The article mentions that the capability and accuracy of its device fell short of company claims and therefore the regulators banned founder and chief executive officers (CEO) Elizabeth Holmes from operating a blood-testing lab for two years. It mentions some most common tests performed on venous blood samples.

Holmes faces nine counts of wire fraud and two counts of conspiracy to commit wire fraud. The charges carry a maximum sentence of 20 years in prison and fines of $250,000 plus restitution for each of the 11 counts. [ABSTRACT FROM AUTHOR]

District Judge Edward Davila on Thursday ordered the filings unsealed over the objections of lawyers for Holmes and Balwani. Keywords: 1070L; 3685511Z; ALLTOP; BUSINESS; COS; GEN; GENTOP; GLOBALMACR; HEA; INDUSTRIES; LAW; NORTHAM; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN 1070L 3685511Z ALLTOP BUSINESS COS GEN GENTOP GLOBALMACR HEA INDUSTRIES LAW NORTHAM TOP US WORLD WWTOP WWTOPAM WWTOPEU Unsealed court filings in the criminal case against Elizabeth Holmes reveal that her lawyers have been preparing a defense that the Theranos Inc. founder suffered "a decade-long campaign of psychological abuse" at the hands of Ramesh "Sunny" Balwani, her former romantic partner and president of the company. [Extracted from the article]

Keywords: 1070L; 3685511Z; ALLTOP; BUSINESS; COS; GEN; GENTOP; GLOBALMACR; HEA; INDUSTRIES; LAW; NORTHAM; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN 1070L 3685511Z ALLTOP BUSINESS COS GEN GENTOP GLOBALMACR HEA INDUSTRIES LAW NORTHAM TOP US WORLD WWTOP WWTOPAM WWTOPEU Unsealed court filings in the criminal case against Elizabeth Holmes reveal that her lawyers have been preparing a defense that the Theranos Inc. founder suffered "a decade-long campaign of psychological abuse" at the hands of Ramesh "Sunny" Balwani, her former romantic partner and president of the company. Elizabeth Holmes's Lawyers Say She Suffered "Decade-Long" Abuse District Judge Edward Davila on Thursday ordered the filings unsealed over the objections of lawyers for Holmes and Balwani. [Extracted from the article]

As the hearing wore on and Downey pressed harder, Davila grew incredulous when he understood Holmes's lawyer wanted the most media-exposed jurors dismissed before hearing from them. Read More: Holmes Can Find Fair Jurors Despite Publicity, Judge Says "I don't think we can exclude today jurors who have expressed a bias", Davila said at the outset. (Bloomberg) -- Some potential jurors have been so contaminated by mass media critical of Elizabeth Holmes, her lawyer said, that they shouldn't be permitted at the courthouse where her criminal trial is set to start next week. [Extracted from the article]

(Bloomberg) -- Of all the high profile witnesses set for Elizabeth Holmes's criminal trial, Dr. Kingshuk Das isn't exactly a key player in the collapse of Theranos Inc. Das, a former lab director at Theranos, said he told Holmes, who founded the company and was its chief executive officer, that its blood-testing machines were deficient and not reliable, court filings show. [Extracted from the article]

Das, a former lab director for Theranos, has said he told Holmes, who founded the company and was its chief executive officer, that its blood-testing equipment was deficient and not reliable, court filings show. (Bloomberg) -- Of all the high-profile witnesses set for Elizabeth Holmes's criminal trial, Kingshuk Das isn't exactly a key player in the collapse of Theranos Inc. [Extracted from the article]

Read more: Federal Courts Respond to Covid-19: Live Map Lawyers for the prosecution and Holmes's team have told Davila they're vaccinated. (Bloomberg) -- Elizabeth Holmes and the judge will likely be the only consistently unmasked participants at her criminal trial, with a surge in the delta variant creating much concern for the participants. [Extracted from the article]

(Bloomberg) -- Elizabeth Holmes and the judge will likely be the only consistently unmasked participants at her criminal trial, with a surge in the delta variant creating much concern for the participants. Read more: Federal Courts Respond to Covid-19: Live Map Lawyers for the prosecution and Holmes's team have told Davila they're vaccinated. [Extracted from the article]

(Bloomberg) -- A federal prosecutor urged the judge handling Elizabeth Holmes's criminal fraud case to open up sealed court records concerning the Theranos Inc. founder's preparation of a mental-health defense as she heads toward trial. John Cline, a lawyer for Holmes, told the judge "a significant part" of the sealed records can be made public, "but not all by any means.". [Extracted from the article]

(Bloomberg) -- Elizabeth Holmes lost her bid to to suppress evidence of Theranos Inc. customer complaints and blood testing results as evidence at her criminal fraud trial scheduled to start at the end of the month. In his ruling, U.S. District Judge Edward Davila in San Jose, California, said there's no indication that Holmes ever informed prosecutors of how the contents of the database might disprove their fraud allegations. [Extracted from the article]

Prosecutors suggested Holmes should be careful what she asks for, arguing that if the LIS data were somehow reproduced in full it would probably further incriminate her. Read More: Holmes, Prosecutors Trade Blame for Crippled Theranos DatabaseIn response, prosecutors have revealed more information about what they think happened to the database, and laid the blame more squarely on Holmes herself. (Bloomberg) -- Elizabeth Holmes doubled down on her attempt to block prosecutors from presenting Theranos Inc. customer complaints, inaccurate test results and problematic regulatory findings to jurors at her upcoming criminal fraud trial. [Extracted from the article]

(Bloomberg) -- The federal judge overseeing the prosecution of Elizabeth Holmes played down her lawyers' concern that it will be hard to pick an unbiased jury for her Silicon Valley trial given the massive publicity around the rise and fall of her blood-testing startup Theranos Inc. Holmes and her prosecutors will probably be "delighted" or "surprised" that there will be prospective jurors that aren't going to know anything about the case, U.S. District Judge Edward Davila said at a Tuesday hearing in San Jose, California, where jury selection is scheduled to begin Aug. 31. Holmes had asked the court to call a larger-than-average jury pool and use a longer-than-usual jury questionnaire to weed out jurors who may be prejudiced against her. [Extracted from the article]

Prosecutors agreed with Holmes's lawyers that starting with an expanded jury pool is a good idea. They also said follow-up questioning of individual jurors to weed out people with biases may be necessary to "address sensitive topics" around Holmes's mental-health defense. (Bloomberg) -- The latest mystery in the prosecution of Elizabeth Holmes is whether she still plans to claim she was suffering from a "mental disease or defect" when she allegedly duped investors into backing Theranos Inc. [Extracted from the article]