Holmes' lawyer, Kevin Downey, is expected to resume his closing argument Friday morning, followed by a rebuttal from prosecutors, meaning jury deliberations could begin as early as Friday.
Elizabeth Holmes is found guilty of four counts of fraud. 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 symbolize the pitfalls of Silicon Valley's culture of hustle, hype and greed. Ms.
16, 2021. SAN JOSE, Calif. -- In his last effort to persuade the jury that Elizabeth Holmes is guilty of fraud, Assistant U.S. Attorney Jeffrey Schenk said Theranos' founder chose to deceive investors and patients, a choice that “was not only callous, it was criminal.”
In Carreyrou's podcast, Bad Blood, he shares snippets of his actual conversation with Boies and Theranos-in-house attorney Heather King. “We would just urge you to look very carefully at your sources,” King says in one clip. “They're not reliable for many reasons.”
“He said he could not believe that anybody could get in front of these men and women who are willing to put their lives in front of our country and lie directly to their face as convincingly as she lied,” he added. George Shultz died in February 2021.
Former Theranos employees have claimed that Holmes' signature deep voice was fake, and that she taught herself to speak at a lower register to be taken more seriously in the male-dominated world of Silicon Valley. Holmes' family has denied that she intentionally altered her voice.
Holmes is currently on trial in federal court in San Jose, California, for fraud, charges she has denied. Boies, who is not representing her, served on the now-defunct blood-testing company's board in addition to providing legal services.
Heather King is a partner at top global law firm Boies Schiller Flexner LLP, based in its Palo Alto, California office. Heather cofounded the firm's crisis management and government response practice where she counsels start-ups, advanced companies and individuals facing complex legal disputes.
Who is Elizabeth Holmes' husband, William “Billy” Evans? Evans is the heir to Evans Hotel Group, which was founded by his grandparents, William and Anne Evans, in San Diego in 1995.
“We totally messed it up,” she said. Positioning Holmes as the director of Theranos' legal strategy, Leach got Holmes to confirm she made the decision to hire Boies Schiller, the Theranos' legal team staff and former Boies partner Heather King as general counsel in 2015.
Theranos' settlement with Partner Fund Management later resulted in a $4 million payment to Murdoch.
Mr. Murdoch had invested $125 million in Theranos just months earlier. The Journal reported on Mr. Murdoch's investment in 2016.