Archive List for elizabeth holmes trial

Elizabeth Holmes Faces Up To 20 Years In Prison After Being Found Guilty

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CNBC

Theranos founder Elizabeth Holmes was found guilty on four our of 11 federal fraud charges for exaggerating her company’s blood testing technology to investors and now faces up to 20 years in prison. NBC News’ Ben Popken and Danny Cevallos have the details. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original […]

Theranos’s Holmes found guilty on four counts in fraud trial

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AlJazeeraEnglish

A United States jury found Theranos founder Elizabeth Holmes guilty of conspiring to defraud investors in the blood-testing startup. Holmes was convicted Monday on four of 11 counts. She was acquitted on four counts, and the jury could not reach a decision on three counts. Prosecutors said Holmes, 37, swindled private investors between 2010 and 2015 by convincing them that Theranos’s small machines could run a range of tests with a few drops of blood from a finger prick. Holmes was also charged with misleading patients about the tests’ accuracy. Holmes rose to Silicon Valley fame after founding Theranos in 2003. Al Jazeera’s Rob Reynolds reports from Los Angeles. – […]