CNBCs Scott Cohn joins Shep Smith to report on the trial of Theranos Founder Elizabeth Holmes and what she said on. Elizabeth Holmess jury convened in the courtroom to listen for more than 30 minutes to an audio recording of the Theranos Inc.
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It was valued at 9 billion and so thats a lot of money that most investors lost.
. Founder making a detailed pitch to investors that was played. The story of Elizabeth Holmes and Theranos is an unbelievable tale of ambition and fame gone terribly wrong. Theranos was once seen as one of the most bleeding-edge companies in Silicon Valley claiming to have developed a rapid blood testing system that needed just a finger prick of blood to identify.
Theranos raised 945 million over the course of its existence. The jury in the Theranos trial finally got to hear from Elizabeth Holmes herself -- not in person but a recording of her talking up her blood-testing startup in. Lawyers for the Theranos founder fought off efforts by the US.
Government to set a trial date as the two sides argued over the enormity of evidence involved in the case. As the trial begins to wrap up many questions have surfaced about what. The billionaire family investment firm of Trumps education secretary Betsy DeVos was misled by former Theranos executive Elizabeth Holmes when it made a more than 100 million investment in the.
How did the worlds youngest self-made female billionaire lose it all in the blink of an eye. In the first 11 weeks of the trial of Elizabeth Holmes who founded of the blood-testing start-up Theranos jurors have heard from only about 25 witnesses in proceedings that have been mired by. Disgraced Theranos head Elizabeth Holmes tearfully testified Monday that she was abused by her former lover and business partner into being a puppet who deceived investors about supposed.
Big witnesses like James Mattis a Theranos board member and former defense secretary get their own story as do big themes like Theranoss use of. Holmes met Balwani when she was just 18 on a trip to China and the pair kept their relationship under wraps while working at Theranos now the former billionaire has accused Balwani of abuse. Theranos trials Theranos swiped logos from Pfizer and another pharma giant for fake reports Investors tell jury that they believed pharma companies had validated the tech.
Federal prosecutors have charged Holmes and Ramesh Sunny Balwani Theranoss president and chief operating officer with nine counts of. Theranos Founder Elizabeth Holmes describes sexual abuse from Sunny Balwani. Elizabeth Holmes is on trial for fraud over her time at Theranos.
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