Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Theranos founder Elizabeth Holmes and her former second-in-command at the Silico...

LOS ANGELES - Theranos founder Elizabeth Holmes and her former second-in-command at the Silicon Valley blood-testing startup were ordered on Friday to stand trial next year on fraud charges stemming from their claims about the company’s technology, court documents show.

During a hearing in federal court in San Jose, California, U.S. District Judge Edward Davila set jury selection to begin in the trial of Holmes, 35, and former Theranos President Ramesh “Sunny” Balwani, on July 28, 2020, according to minutes of the proceedings.Holmes and Balwani, 54, were indicted in June 2018 on 11 counts of conspiracy and wire fraud. They have pleaded not guilty.

Holmes and Balwani are accused of using advertising and solicitations to encourage doctors and patients to use the company’s testing laboratory services even though they knew it could not produce accurate and reliable results consistently.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Holmes is a good example and business model of what not to do.

Brightened up my work day!

Lots of individual ego hurt that she fooled them for such a long time

Being born atop of the food chain just wasn't enough. You had to lie for years and swindl honest legalized criminals out there stash. Nice voice dude

...l’ ossessione di essere Steve Jobs e’ sicuramente nl suo sangue😆💉

I hope it’s on TV. I want to see her testify.

Worse yet, they're going to make her take the Voight-Kampff test.

So is this an appropriate time to start chanting “lock her up?”

Wow. I read the BadBlood and this is really a true to life story. Wow. just wow.

Crazy eyes is in deep dookie.

Hey Reuters, will you send me a BIIIIIIG bag of popcorn?

Her voice is so low it's very interesting

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Theranos founder Elizabeth Holmes and top deputy ordered to stand trial in 2020Theranos founder Elizabeth Holmes and her former second-in-command at the Silico... Lock her up! Damn. I thought she was in jail already.
Source: Reuters - 🏆 2. / 97 Read more »

Theranos Founder Elizabeth Holmes to Face Trial Next Year on Fraud ChargesTheranos founder Elizabeth Holmes and her former deputy will face trial in federal court in August 2020 for charges that they lied to doctors and patients about blood-test results and deceived investors about the disgraced startup’s finances It's unbelievable how long it takes to get these people to trial. plz with Judge Lance Ito. I wanna hear that husky growl on the stand. (In my deepest baritone voice possible.) I am not guilty, but can I show you my latest project guaranteed to cure all cancer overnight?
Source: WSJ - 🏆 98. / 63 Read more »

Elizabeth Holmes mum on marriage as trial gets delayedElizabeth Holmes deflected questions about widespread reports that she was married as the judge delayed the start of her trial until July 2020. I cannot con a dollar from you. Liz was born to be con woman. Lock her up
Source: CNBC - 🏆 12. / 72 Read more »

Preparing for debate Night Two: Cramming, stand-ins and marathon practiceThe two front-runners in the Democratic presidential primary, former VP Biden and Sen. Sanders, are preparing to take the debate stage. A socialist Clown Show.... a bunch of lowlife political lawyers (controlled by Lobbyists) who have zero clue about anything promising free stuff & eutopia 😀 I sure hope the Sanders team talks to him about his juicy mouth and not spitting on everything and everyone 😜👍
Source: NBCNews - 🏆 10. / 86 Read more »

Supreme Court orders further fact-finding on controversial 2020 census citizenship questionNEW: The Supreme Court sent the Trump administration's request to add a citizenship question to the 2020 census back to a lower court Thursday, giving challengers another chance to block it if these people are illegal pick them up
Source: YahooNews - 🏆 380. / 59 Read more »

Apple Music Tops 60 Million Subscribers, Including Users on Free TrialsApple Music is still growing at a nice clip — but the company keeps touting different stats to mark its upward trajectory. The tech giant now has surpassed 60 million subscribers for Apple Mu…
Source: Variety - 🏆 108. / 63 Read more »