![]() ![]() A journalist from Fortune, who wrote a cover story about Theranos in 2014, said Holmes failed to correct numerous errors in the reporting because it benefited the company to appear more capable than it actually was. Another revealed that Holmes exaggerated partnerships with pharmaceutical companies, made up nonexistent military contracts, and pasted pharmaceutical logos onto Theranos’ reports, confusing investors and potential partners about who was vouching for the blood-testing technology. The disgraced former CEO has asked a federal judge in. Theranos founder Elizabeth Holmes, convicted of fraud in January, on Tuesday demanded a new trial, saying a key prosecution witness showed up at her home disheveled and apparently remorseful over. 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. One former product manager said the company faked demos and removed abnormal results when sending reports to investors. Eight months after her fraud conviction tied to her leadership of blood-testing startup Theranos, Elizabeth Holmes has requested a do-over. 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. Twenty-nine witnesses took the stand, including former employees who testified that when Theranos’ technology did not work as promised, Holmes encouraged them to cover it up. Over the past three months, the prosecution made its case that Holmes knowingly “chose fraud over business failure,” convincing her investors to sink more money into the company despite its failings. (The judge has not yet set a hearing for sentencing.) Holmes now faces up to 20 years in prison for each conviction. Elizabeth Holmes, the founder of failed blood testing startup Theranos who was convicted of fraud earlier this year, is asking for a new trial after claiming that a key witness visited her house. 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. After more than ten years of fundraising and. The four guilty charges involve Theranos’ investors, who say they were misled about the company’s capabilities, and who lost millions of dollars after its demise. Theranos was a privately held healthcare technology company founded by then 19-year-old Elizabeth Holmes in 2003. The jury returned a verdict of not guilty on another four counts, and it could not agree on three. On Monday, after seven days of deliberations, a jury in San Jose, California, found her guilty on four counts of wire fraud and conspiracy to commit wire fraud. Now, an actual court has delivered the final verdict. For three years, Elizabeth Holmes has faced the court of public opinion, as countless books, articles, documentaries, and TV shows have squeezed every last drop out of the saga of the blood-testing startup Theranos.
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