ELIZABETH HOLMES TODAY NRTWORTH TRIAL

Holmes acknowledged during the trial that she had made some mistakes, like participating in a now-infamous Fortune cover story, which claimed that TheranosвЂ™ blood analysis machines were comparable to others in the industry. вЂњI think that he was very confused about why he was being treated so badly.вЂќ It was complete hell,вЂќ his widow, Rochelle Gibbons, told The Daily Beast earlier this year. TheranosвЂ™ former chief scientist Ian Gibbons died by suicide in 2013, just before he had been slated to testify in a patent dispute involving the business. That caused harm inside the company, too. Theranos allegedly curtailed scrutiny into its technology through a culture of secrecy and fear. One woman claimed she received results while pregnant that falsely indicated she had miscarried, leading her to alter her medications. Some patients have alleged that they received inaccurate results after Theranos tested their blood. вЂњI came to believe the company cares more about PR and fundraising than it cares about patient care,вЂќ he added. When he confronted her over his concerns, Rosendorff said, Holmes began вЂњtrembling a little bit, her voice was shaky, it was breaking upвЂ¦ She didnвЂ™t seem surprised, just nervous and upset, she wasnвЂ™t her usual self. Adam Rosendorff testified that Theranos modified blood testing devices made by competitors in order to disguise its faulty technology, and that Holmes launched the startupвЂ™s machines in Walgreens before they were ready. Holmes and BalwaniвЂ™s indictment alleged that they had used вЂњadvertisements and solicitations to encourage and induce doctors and patients to use TheranosвЂ™s blood testing laboratory services,вЂќ even though they knew the tests were not consistently accurate. Prosecutors sought to keep the focus on HolmesвЂ™ business transgressions. вЂњHe told me that I didnвЂ™t know what I was doing in business, that my convictions were wrong, that he was astonished at my mediocrity,вЂќ she said.Д«alwani vehemently denied wrongdoing in his own pre-trial legal filings.Д®lizabeth Holmes Totally Fooled Betsy DeVosвЂ™ Family and Pumped Them For Millions, Says Witness She echoed many of those claims when she unexpectedly testified during the trial and alleged that Balwani had bullied her and forced her to have sex with him. In documents filed before the trial began, HolmesвЂ™ attorneys argued that Balwani-who is 19 years her senior-вЂњcontrolled what she ate, how she dressed, how much money she could spend, who she could interact with.вЂќ

Part of HolmesвЂ™ defense included pinning blame on Balwani, whom she described as an abusive lover who undermined her вЂњcapacity to make decisions.вЂќ HolmesвЂ™ trial was delayed several times owing to the pandemic and her pregnancy she gave birth to her first child with the hotel heir Billy Evans in July.Д«alwani is expected to stand trial next year. They were initially scheduled to be tried jointly, but the cases were later severed. Holmes and Sunny Balwani- TheranosвЂ™ former chief operating officer and her ex-lover-were indicted in June 2018.

She is set to be sentenced later this year. Holmes was acquitted of the charges directly involving patients, while the jury deadlocked on three of the wire fraud counts. The four guilty counts all related to investors who were allegedly defrauded, including a hedge fund, a high-powered attorney, and most notably, the family of President TrumpвЂ™s former Secretary of Education Betsy DeVos. Elizabeth Holmes Clutched Her MomвЂ™s Hand Ahead of Brutal Closing Arguments in Theranos Trial

Elizabeth holmes today nrtworth