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SAN JOSE, Calif (AP) — Lawyers for opposing parties in former case theranos CEO Elizabeth Holmes He is expected to wrap up his closing arguments on Friday and pave the way for a jury to begin deliberations on the charges against the charges. him acre him The blood test attempt turned into a huge scam.
The case that revolves around HolmesThe spike and subsequent decline on his path to becoming a self-made billionaire has fascinated Silicon Valley for the past three months as the long-delayed lawsuit comes to light.
This fixation intensified after Holmes He made the risky decision to stand on the witness stand for seven days before the jurors to decide. him destiny. Jurors will be instructed by U.S. District Judge Edward Davila on how to proceed with negotiations after attorneys complete their closing arguments, which began Thursday.
HolmesThe 37-year-old faces 11 fraud and conspiracy charges. If found guilty, he less than a year after giving birth can be sentenced to up to 20 years in federal prison him first child.
Federal prosecutors decided Holmes As a desperate swindler who brazenly lies to get rich. lawyers representing Holmes say he he was a bona fide entrepreneur who never stopped trying to perfect theranos‘ blood test technology and delivery him promised to improve health services.
The concept was very attractive, theranos and Holmes They’ve raised more than $900 million from billionaire investors like media mogul Rupert Murdoch. Company partnered with major retailers Walgreens and Safeway and Holmes quickly began to grace the covers of national magazines as a wonder.
Unknown to most people out there theranos The company’s blood testing technology was flawed and often gave inaccurate results that could endanger the lives of patients who took the tests.
After defects appeared in 2015 and 2016, theranos eventually collapsed and the Justice Department filed the criminal case in 2018.
As they begin deliberations, jurors will consider the testimonies of 32 witnesses and more than 900 encouragements presented in a trial that lasted more than 14 weeks. outside HolmesOther prominent witnesses testifying include former US Secretary of Defense General James Mattis. theranos board member – and former Safeway CEO Steve Burd, Holmes to bring theranos‘ technology to supermarkets.
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