![]() ![]() who was convicted of fraud, has asked a federal judge for a new trial after she said one of the prosecution’s star. 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. Elizabeth Holmes, founder of defunct blood-testing startup Theranos Inc. The 'next Steve Jobs', said Inc, another business magazine that put her on the. Elizabeth Holmes asked a judge this week to toss a jury’s verdict finding her guilty of defrauding investors in her failed blood-testing startup, Theranos but legal experts call her efforts. 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. 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. And, it hadn’t been endorsed by big companies such as Pfizer, despite the company's claims to the contrary. Theranos trial Getty Images She was 'the world's youngest self-made female billionaire', trumpeted Forbes magazine. The verdict caps the downfall of the former Silicon Valley star. The device did not function the way Elizabeth claimed it did. The Elizabeth Holmes Verdict: Theranos Founder Is Guilty on Four of 11 Charges in Fraud Trial. Why did Elizabeth Holmes go on trial?īut the success of the company didn’t last long. ![]() Education Secretary Betsy DeVos, pouring money into Holmes' business -to the tune of $945 million, according to Yahoo. The company made big claims about who it was working with, which led to investors including Google co-founder Larry Ellison (per Good To Know), health care investor Brian Grossman, and former U.S. 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. After more than ten years of fundraising and. This meant that people who needed a blood test would simply have to prick their fingers to get results that would normally require a much larger sample of blood. Theranos was a privately held healthcare technology company founded by then 19-year-old Elizabeth Holmes in 2003. It claimed to be able to run over 200 medical tests on a single drop of blood using a machine Holmes called the Edison device, according to ABC News. Theranos founder Elizabeth Holmes seeks new trial Theranos founder Elizabeth Holmes called for a new trial Tuesday after a key witness for prosecutors had second thoughts about his testimony, a. Theranos was a health technology company that aimed to make blood testing more efficient. ![]()
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