Elizabeth Holmes admits whistleblower was right and reporter was ‘mishandled’

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The former Theranos CEO testified under cross-examination that her company “messed up” interactions with the reporter whose investigations ultimately led to her downfall.

Over several hours of testimony, the prosecution peppered Holmes with questions about lab reports with doctored logos, a multimillion-dollar home, allegations of retaliation against a whistleblower and her acrimony toward a dogged reporter.

In a stunning admission, Holmes acknowledged on the witness stand Tuesday that every issue Cheung had raised was correct.“You know today that Ms. Cheung was right, isn’t that fair?” Leach asked.Holmes stopped short of admitting that the company hired investigators to follow a whistleblower, despite $150,000 in receipts.

Asked about her annual salary, Holmes said it was about $200,000 from 2010 to 2013. In 2014, it rose to $360,000. Prosecutors also asked about a $9 million dollar home Holmes owned together with Balwani in the affluent town of Atherton, California, from 2013 to 2016. In a supportive message from Balwani in October 2015, not long after the initial Journal articles were published — and with scrutiny on Theranos mounting — he told Holmes:"U r god's tigress and warrior. You are extraordinary."

“There are many things I wish I did differently," Holmes said in response to a line of questioning about how forthright she was with her board.added pharmaceutical company logos to Theranos lab reports without authorization

 

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Someone should ask her why she doesn't use a hair brush.

Just want to say a very big thank you to Mrs lisamiaBTC and her company platform for their transparency, I had doubts at first but seeing I got paid I deemed it necessary to share with the general public and to let them know that you can be truly trusted..thank you so much.

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