Elizabeth Holmes Live Update | Jury Concludes Day Without a Verdict
Elizabeth Holmes Trial | Jury Enters Second Week Of Deliberations.
0
0
The jury in the trial against former Theranos CEO Elizabeth Holmes has entered its second week of deliberations.
Theranos, a Silicon Valley biotech company, claimed to have created groundbreaking medical testing equipment. Theranos was valued at $9billion in mid-2014 while Holmes was the company’s controlling shareholder.In 2015 and 2016, articles by The Wall Street Journal and regulatory audits revealed serious concerns with the Theranos technology, the AP reported.
The company ceased operations in 2018, after its founder, Elizabeth Holmes, was indicted for wire fraud and conspiracy.Theranos was founded in 2003, and its peak value was $10billion.The company’s slogan was: “One tiny drop changes everything.”
About Post Author
