Holmes was found guilty of defrauding investors, but not patients, in connection with her now-defunct Palo Alto blood-testing startup.
that after he put $1.1 million into Theranos in 2006 because Holmes touted its success, he became frustrated with her unwillingness to provide information. Still, he put another $100,000 into the company in 2013, and admitted he knew he was making risky investments.: No verdict: Black Diamond put $5,349,900 into Theranos.
that she could not provide standard investor information because competitors could use it to “crush” her company. A Holmes lawyer argued Lucas failed to conduct proper diligence before investing in Theranos.What happened : Hall Group in 2013 put $4,875,000 into Theranos. Senior Hall Group executive Bryan Tolbert testified that he was convinced to invest by Holmes’ statements suggesting her technology was doing military-related work in Afghanistan, and her claims that Theranos could “run any combination of lab tests” from “tiny” blood samples.
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Elizabeth Holmes faces judgment day for her Theranos crimesA federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
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Life after Theranos: What 130 personal letters to sentencing judge reveal about Elizabeth HolmesFrom her 'wolf' dog being killed by a mountain lion to confirming she is pregnant with her second child, new court documents provide a fascinating look into Elizabeth Holmes' life after Theranos.
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Elizabeth Holmes faces judgment day for her Theranos crimesA federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
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Elizabeth Holmes faces judgment day for her Theranos crimesA federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
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Elizabeth Holmes faces judgment day for her Theranos crimesA federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
Les mer »