who is elizabeth holmes attorney

by Vernice Torphy 6 min read

Kevin Downey

Who is Elizabeth Holmes and what is she accused of?

Nov 18, 2021 · holmes, who founded the palo alto blood-testing startup at age 19 in 2003, is charged with allegedly bilking investors out of hundreds of millions of dollars and defrauding patients with false...

What is Elizabeth Holmes accused of doing?

Sep 08, 2021 · Elizabeth Holmes’ defense attorney argued during the trial’s opening statements on Wednesday that the Theranos founder had no intention of defrauding investors with her blood testing company ...

What charges is Elizabeth Holmes facing?

Jul 07, 2021 · The post Elizabeth Holmes’ Attorneys Claim Prosecutors Failed to Preserve the ‘Most Critical Exculpatory Evidence’ in Fraud Case Against Theranos Founder first …

How much prison time could Elizabeth Holmes face?

Sep 08, 2021 · Attorneys for Theranos founder Elizabeth Holmes argued during opening statements at her hotly anticipated fraud trial on Wednesday she was a naïve entrepreneur who failed to establish her blood ...

See more

Jan 04, 2022 · Once a queen of Silicon valley, former CEO of Theranos, Elizabeth Holmes, lost her case, as she is found guilty for four out of 11 federal fraud cases. And Kevin Downey was her attorney for the defense. Those with an interest in law and courtrooms, plus those who are updated with the Elizabeth Holmes case, must know about Kevin.

image

Who is Theranos lawyer?

David BoiesDavid Boies, a prominent litigator, represented Theranos as its lawyer and served on its board. He tried to shut down whistle-blowers and reporters who questioned the company's business practices.Nov 23, 2021

Is Elizabeth Holmes still a billionaire?

Former Theranos CEO Elizabeth Holmes always dreamt of being a billionaire. In that sense and only that sense, her wildest dreams came true. At the height of her powers in 2015, Forbes estimated her net worth to be $4.5 billion.Mar 2, 2022

How much is Elizabeth Holmes currently worth?

One of the most extreme stories of a person with a lot of money who lost practically everything due to problems with legal accusations and to the mismanagement of her company is that of Elizabeth Holmes, the former CEO of Theranos, who at the peak of her entrepreneurship was considered by Forbes as one of the richest ...7 days ago

Where is Elizabeth Holmes'husband?

Theranos founder Elizabeth Holmes' fraud trial just ended in late 2021. Recently, info has surfaced revealing Holmes' relationship status: She's now married to hospitality heir William "Billy" Evans, 27. The couple currently live in San Francisco and just welcomed their first child together over the summer.Feb 23, 2022

Where is the Theranos CEO now?

Currently, Holmes is living in California. According to CNBC, the new mother is living on a nine-bedroom Silicon Valley estate, worth an estimated $135 million. New episodes of "The Dropout" will be available for streaming every Thursday on Hulu.6 days ago

Where does Elizabeth Holmes live now?

Los Altos HillsElizabeth Holmes / Places livedLos Altos Hills is an incorporated town in Santa Clara County, California, United States. The population was 8,489 at the 2020 census. The town is known for its affluence and expensive residential real estate. Wikipedia

How did Elizabeth Holmes lose her money?

Elizabeth Holmes dropped out of Stanford at 19 to start Theranos and grew its value to $9 billion. Later, technology flaws were exposed, resulting in a months-long trial where Holmes was found guilty on 3 counts of wire fraud and one count of conspiracy.Mar 3, 2022

How much money did Elizabeth Holmes steal?

Lawsuits piled up, partners cut ties and in 2016 US regulators banned Holmes from operating a blood-testing service for two years. In 2018 Theranos was dissolved. In March that year, Holmes settled civil charges from financial regulators that she fraudulently raised $700m from investors.Jan 4, 2022

Topline

Elizabeth Holmes’ defense attorney argued during the trial’s opening statements on Wednesday that the Theranos founder had no intention of defrauding investors with her blood testing company and instead had the genuine intention of revolutionizing the healthcare industry, but failed because of what he described as “human” reasons.

Key Facts

Defense attorney Lance Wade painted Holmes to the jury as a hard worker who created a genuinely “innovative” company, stressing that Theranos earned 176 patents valued at hundreds of millions of dollars and received positive feedback for its blood tests, which were cheaper than its competitors’, according to reporters from NPR and Law360 inside the courtroom..

Crucial Quote

The reality of the case is “far more human and real, and oftentimes, I hate to say it, technical and complicated and boring” than what the federal government has suggested, Wade said.

Contra

Wade’s portrayal of Holmes’ leadership of Theranos deeply contrasts with that put forward earlier in the day by the federal government. U.S. Attorney Robert Leach described Holmes as “well aware” of the shortcomings of her company’s blood testing machines and stressed that she went to great lengths to cover them up.

Key Background

Holmes faces a total of 12 charges—two counts of conspiracy to commit wire fraud and 10 counts of wire fraud—for allegedly engaging in a multimillion-dollar scheme to deceive investors, doctors and patients from 2010 to 2016 alongside Balwani, with whom she was romantically involved.

What To Watch For

The trial—which is taking place at a federal courthouse in San Jose—is expected to last between three and four months, with a potential witness list featuring some of America’s most powerful politicians and businesspeople.

Trial under way for Theranos CEO Elizabeth Holmes

Jury selection begins for Theranos CEO Elizabeth Holmes. FOX Business' Lydia Hu with the latest.

Jury selection begins in trial of Elizabeth Holmes

Theranos CEO Holmes faces wire fraud and conspiracy charges. Payne Capital Management President Ryan Payne and trial attorney Heather Hansen discusses the latest updates from the case.

Who Is Kevin Downey?

Harvard Law School graduate Kevin Downey satisfies his inner attorney by practicing in the areas of complex criminal and civil litigation.

Elizabeth Holmes Attorney Age Revealed

Although there are no details related to his age on the Internet, discovery states, he grew up in Pittsburgh, Pennsylvania.

Kevin Downey Wife

According to Williams and Connally LLP website, Kevin lives in the district of Columbia with his wife, Michele Jolin, and their three children.

How Rich Is He? Kevin Downey Net Worth Revealed

There are no details about the compensations he receives from each case and the fortune he has made till now.

Will Kevin Downey Be Paid His Fees After Losing?

There are several cases stacked up against Elizabeth Holmes over the years. And as her case was going on, she not being able to pay her lawyers hit the headlines.

image