Deliberations are set to begin Monday in a trial that will determine whether the disgraced former CEO of the biotech startup Theranos faces possible prison time or walks free.
The former CEO of Theranos finished her marathon testimony on Wednesday. The high-profile case against the onetime Silicon Valley star now moves closer to jury deliberations.
In a tense day of testimony, the former founder of Theranos tried to fight assertions from federal prosecutors that she deliberately deceived investors and misled patients.
Holmes' stunning testimony marks the first time the former chief executive of the biotech startup Theranos told the jury about her allegations of abuse by her former romantic and business partner.
Holmes admitted Tuesday that she put Pfizer letterhead on a document for potential business partners and investors without the pharma giant's consent. She's charged with duping investors and patients.
As the former CEO of the blood-testing company Theranos faces fraud charges, some are asking why other tech leaders accused of wrongdoing have avoided criminal charges.
A mysterious attendee at Elizabeth Holmes' fraud trial derided the case against her to reporters. Turns out, he was not whom he claimed to be, but was the father of Holmes' partner.
Defense lawyers say Holmes believed the company could screen for hundreds of diseases with just a finger prick of blood, a pledge that attracted millions of dollars in investment.
Holmes and her former business partner and ex-boyfriend, Ramesh "Sunny" Balwani, have pleaded not guilty to charges of defrauding investors and patients of the blood-testing company Theranos.
