Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, Calif., on Tuesday, Oct. 12, 2021. (credit: David Paul Morris/Bloomberg ) The jury in Elizabeth Holmes’ criminal trial heard from Theranos’ founder and former CEO for the first time yesterday. What she said, however, didn’t come from the witness […]
Tag: court
Theranos gave woman false-positive HIV result, then ghosted her
Enlarge / Theranos founder and former CEO Elizabeth Holmes, left, walks with her mother, Noel Holmes, as they arrive for Elizabeth Holmes’ trial at the Robert F. Peckham Federal Building on November 17, 2021, in San Jose, California. Holmes is facing charges of conspiracy and wire fraud for allegedly engaging in a multimillion-dollar scheme to […]
Holmes jury learns how Theranos duped a savvy health care investor
Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021. (credit: David Paul Morris/Bloomberg) We’ve noticed a recurring theme in the criminal trial of Elizabeth Sherlock holmes: most of Theranos’ investors didn’t do their homework before writing a check. But yesterday, the particular […]
Testy Texan recounts how his Theranos shares went from $20+ million to zero
Enlarge / Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the US District Courthouse in San Jose, California. (credit: Getty | Yichuan Cao ) On Monday, at the particular criminal trial of Elizabeth Holmes, Theranos investor Alan Eisenman walked into the courtroom and held aloft […]
Holmes’ ex-boyfriend, who was Theranos exec, bullied and ignored $1. 2M investor
Enlarge In 2006, Alan Eisenman invested more than $1 million in Theranos, a then-promising medical diagnostic company founded by college dropout Elizabeth Holmes. Holmes had told him that her company was talking with Morgan Stanley about an IPO in 12–18 months and that the company would bring in $200 million in revenue by 2008. For […]
Theranos tests detected prostate-cancer marker in prostateless women
Enlarge / Former Theranos founder and CEO Elizabeth Holmes goes through security after arriving for court at the Robert F. Peckham Federal Building on September 17, 2021, in San Jose, California. (credit: Justin Sullivan/Getty Images ) Around 2016, Theranos’ fourth lab director, Kingshuk Das, noticed a problem. He was analyzing data from the company’s diagnostic […]
Theranos lab director never entered the lab, resigned over “lack of clarity”
Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, Calif., on Tuesday, Oct. 12, 2021. (credit: David Paul Morris/Bloomberg ) The prosecution had an up-and-down day in courtroom yesterday during the criminal trial of Elizabeth Holmes, the founder of failed medical diagnostic startup Theranos. Judge Edward Davila ruled […]
Wealthy families, encouraged by Henry Kissinger’s lawyer, sank over $400M into Theranos
Enlarge / Theranos founder Elizabeth Holmes speaks on stage during the closing session of the Clinton Global Initiative 2015 on September 29, 2015, in New York City. (credit: JP Yim/Getty Images) Silicon Valley loves unicorns, the privately held startups that surge to $1 billion valuations and beyond. By that measure, Theranos was a very special […]
Theranos swiped logos from Pfizer and another pharma giant for fake reports
Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021. (credit: David Paul Morris/Bloomberg) As Theranos burned through cash, founder Elizabeth Holmes was apparently desperate to land a large investment from Walgreens—so desperate that she sent the drugstore’s executives two bogus pharma reports, […]
Amber Portwood’s Ex Claims She Abused Meth WHILE Pregnant & Demands She Take A Drug Test!
Teen Mom star Amber Portwood’s ex is making some very serious claims amid their ongoing custody battle! In new court documents obtained by The Sun, Andrew Glennon alleged the reality TV star has a history of abusing meth and other drugs while with their son James, 3, including when she was pregnant with him!! OMG. […]