The defense has rested in the criminal fraud trial of fallen Theranos founder Elizabeth Holmes. Closing arguments are scheduled December 16-17. Holmes is accused of misleading investors and others about a flawed blood-testing technology.
That gave Holmes the final say among the more than 30 witnesses who testified in a high-profile trialn the heart of Silicon Valley. It’s the same locale where Holmes became a media sensation before Theranos collapsed in ruins amid evidence that its ballyhooed blood-testing technology was dangerously flawed.
Closing arguments are scheduled for Dec. 16-17. Depending on the duration of those arguments, the jury could get the case late in the day of Dec. 17 and continue deliberations during the week of Dec. 20.The abrupt end of the defense’s case came as somewhat of a surprise. Holmes’ lawyers had indicated that they might call on a psychologist to discuss the allegations of emotional and sexual abuse Holmes, 37, hadagainst her former lover and business partner, Sunny Balwani, 56.
“You want to end on a good note, and it sounded like they felt like she was their best witness,” Ring said. “You also don’t want to risk having a lot of psychological gobbly goop get into the jury’s minds, so you can end with a bang, not a whimper.”
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