Jurors Set to Deliberate for a Fifth Day in Elizabeth Holmes Trial
SAN JOSE, Calif. — Jurors are set to spend a fifth day on Tuesday deliberating whether Elizabeth Holmes defrauded investors, patients and advertisers when she served as chief executive of the blood testing start-up Theranos.
Ms. Holmes, 37, faces nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Each wire fraud charge carries a maximum sentence of 20 years in prison.
A jury of eight men and four women deliberated for three days last week and for around seven hours on Monday without reaching a verdict. They asked the judge no questions on Monday.
Last week, the jurors listened to audio recordings of Ms. Holmes talking to investors. Prosecutors had highlighted the recorded call as a time when Ms. Holmes misrepresented Theranos’s relationship with pharmaceutical companies and the military.
Who’s Who in the Elizabeth Holmes Trial
Who’s Who in the Elizabeth Holmes Trial
Elizabeth Holmes, the disgraced founder of the blood testing start-up Theranos, stands trial for two counts of conspiracy to commit wire fraud and nine counts of wire fraud.
Here are some of the key figures in the case →
Who’s Who in the Elizabeth Holmes Trial
Holmes founded Theranos in 2003 as a 19-year-old Stanford dropout. She raised $945 million from investors and was crowned the world’s youngest billionaire, but has been accused of lying about how well Theranos’s technology worked. She has pleaded not guilty.
Who’s Who in the Elizabeth Holmes Trial
Ramesh Balwani, known as Sunny, was Theranos’s president and chief operating officer from 2009 through 2016 and was in a romantic relationship with Holmes. He has also been accused of fraud and may stand trial next year. He has pleaded not guilty.
Who’s Who in the Elizabeth Holmes Trial
David Boies, a prominent litigator, represented Theranos as its lawyer and served on its board.
He tried to shut down whistle-blowers and reporters who questioned the company’s business practices.
Who’s Who in the Elizabeth Holmes Trial
The journalist John Carreyrou wrote stories exposing fraudulent practices at Theranos.
His coverage for The Wall Street Journal helped lead to the implosion of Theranos.
Who’s Who in the Elizabeth Holmes Trial
Tyler Shultz and Erika Cheung are former Theranos employees and were whistle-blowers. They worked at the start-up in 2013 and 2014.
Shultz is a grandson of George Shultz, a former secretary of state who was on the Theranos board.
Who’s Who in the Elizabeth Holmes Trial
James Mattis, a retired four-star general, was a member of Theranos’s board.
He went on to serve as President Donald J. Trump’s secretary of defense.
Who’s Who in the Elizabeth Holmes Trial
Edward Davila, a federal judge for the Northern District of California, will oversee the case.
Kevin Downey, a partner at the Washington law firm Williams & Connolly, is the lead lawyer for Holmes.
Robert Leach, an assistant United States attorney for the Northern District of California, will lead the prosecution for the government, along with other prosecutors from the U.S. attorney’s office.
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