The jury of Theranos CEO Elizabeth Holmes will resume deliberations after the holiday

San Jose, California-After a long holiday break, the jury weighed the fraud charges against the former Theranos CEO Elizabeth Holmes Work will resume on Monday.

The eight men and four women who determined the fate of Holmes spent most of their holidays behind closed doors in the courts of San Jose, California, weighing a large amount of evidence in the three-month trial, which fascinated Silicon Valley.

When they were still unable to make a verdict in the middle of last week, the jurors took a leave of absence on Thursday before the scheduled court holiday on Friday. After sending two notes to the federal judge presiding over the case last week, they did not provide any hint of their position during the deliberations last week.

No reason was given for the suspension of the review earlier than expected last week. So far, the jury has spent a total of about 40 hours in six days discussing the allegations against Holmes. Holmes is a tarnished tech star. If he fails to do so, he will face up to 20 years in prison. she Was found guilty.

Holmes, 37, faces 11 criminal charges, alleging that she Cheering investors and patients by cheering she The company’s blood testing technology is a medical breakthrough, but in fact it is prone to serious errors.

Before the Wall Street Journal reports and regulatory audits revealed these problems in 2015 and 2016, Holmes briefly realized she Hungry for fame and fortune, it also raised more than $900 million from well-known investors including media mogul Rupert Murdoch, software mogul Larry Ellison, and the Walton family behind Wal-Mart.

In the heyday of Theranos, Holmes accumulated a fortune of $4.5 billion on paper and was hailed as a visionary in the cover stories of business magazines.

The jury will now spend the seventh day to decide whether she Is a liar.

Copyright © 2022 The Washington Times, LLC.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *