According to the filing, Mr Rosendroff told Ms Holmes’ partner Billy Evans that “he tried to answer the questions honestly at Ms. Now, with her sentencing scheduled for October 17, Ms Holmes is attempting to have her convictions thrown out. Ms Holmes’ business partner and ex-romantic partner Ramesh “Sunny” Balwani was also convicted of fraud earlier this year.
#Elizabeth holmes theranos trial#
She faces up to 20 years in prison and a fine of $250,000 for each count of fraud. Filing by ex-Theranos CEO says former lab director has misgivings after saying he had raised concerns about company’s tech Elizabeth Holmes requested a new trial on Tuesday, asserting in a court. Ms Holmes was found guilty in January of three counts of wire fraud and one count of conspiracy to commit wire fraud. SAN FRANCISCO Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her. In a Tuesday court filing, Ms Holmes stated that former Theranos lab director Adam Rosendorff, a key witness in her initial trial, visited her home on August 8 and told her partner that prosecutors. Shortly thereafter, however, it was reported that Theranos’ technology did not work as advertised and that Ms Holmes had misrepresented the company’s technology and financial standing. Elizabeth Holmes, the Theranos founder convicted of fraud earlier this year, has asked for a new trial just weeks before she is set to be sentenced. On June, 14, 2018, a grand jury returned an indictment charging Elizabeth Holmes and Ramesh Sunny Balwani with crimes in connection with their respective. Theranos partnered with Walgreens to launch blood sample centers in Walgreens stores in 2013, and by the next year, Theranos was valued a $9bn - making Ms Holmes one of the world’s youngest female billionaires. Elizabeth Holmes dropped out of Stanford University and founded blood testing startup Theranos in 2003, with the aim of using just a few drops of blood. A year later, Holmes had dropped out of her studies at California’s elite Stanford University so she could focus entirely on Theranos.
After more than ten years of fundraising and. Elizabeth Holmes founded her company Theranos at the age of 19 and it set out to revolutionise laboratories through blood tests that could be performed rapidly while using very small amounts of blood. Theranos aimed to perform a wide range of blood tests with just a small amount of blood, an idea that promised to reshape the healthcare landscape. Theranos was a privately held healthcare technology company founded by then 19-year-old Elizabeth Holmes in 2003.
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