The jury in the fraud trial of ElizabethHolmes, the founder of the failed blood testing start-up Theranos, will begin their fourth day of deliberations on Monday.
Ms. Holmes is accused of lying about Theranos's technology as she sought investments and business for her start-up. She could face up to 20 years in prison for each wire fraud count.
A jury of eight men and four women deliberated for three days without reaching a verdict.
On Thursday, they asked to hear recordings of a call Ms. Holmes had with investors, in which she allegedly made misleading claims about Theranos's partnerships with pharmaceutical companies and the military.
The person is from San Jose, Calif.
The person is from San Jose, Calif.
Carlos Chavarria is a writer for The New York Times.
Two counts of conspiracy to commit wire fraud and nine counts of wire fraud will be tried by a jury.
The key figures in the case are listed.
The person is from San Jose, Calif.
Stephen Lam.
Theranos was founded by a 19-year-old dropout. She raised $945 million from investors and was crowned the world's youngest billionaire, but she has been accused of lying about how well the technology worked. She has denied the charges.
The person is from San Jose, Calif.
The images are by Justin Sullivan.
The president and chief operating officer of Theranos from 2009 to 2016 was a romantic partner of the CEO. He is accused of fraud and may be tried next year. He has denied the charges.
The person is from San Jose, Calif.
The New York Times had Jefferson Siegel as a writer.
David Boies served on the board of Theranos.
whistle-blowers and reporters who questioned the company's business practices were tried to shut down.
The person is from San Jose, Calif.
The images are from the same company.
The journalist John Carreyrou exposed fraudulent practices at Theranos.
The implosion of Theranos was caused by his coverage of The Wall Street Journal.
The person is from San Jose, Calif.
Jeff Kravitz/FilmMagic.
Two people are whistle-blowers, one is a former Theranos employee. They worked at the start-up.
George Shultz was a former secretary of state and was on the Theranos board.
The person is from San Jose, Calif.
The New York Times has an employee named Eric Thayer.
James Mattis was a member of the board.
He was the secretary of defense.
The person is from San Jose, Calif.
The case will be overseen by a federal judge.
Kevin Downey is a partner at the Washington law firm Williams & Connolly.
The prosecution for the government will be led by Robert Leach, an assistant United States attorney for the Northern District of California.
Nov. 15, 2021.
The jury deliberations follow a four-month trial that is seen as a referendum on the worst excesses of Silicon Valley's start-up culture. The founder of Theranos was a woman. She dropped out of college at 19 to focus on her company and raised $1 billion from investors.
In 2015, a Wall Street Journal investigation revealed that Theranos had relied on commercially available machines to perform many of its blood tests, rather than its own supposedly revolutionary devices. Theranos shut down in the year that Ms.Holmes was indicted.
Federal prosecutors have been trying to prove that Ms.Holmes deceived investors, patients and commercial partners by faking demonstrations and misrepresenting Theranos to the media and the public.
Jeffrey Schenk, an assistant U.S. attorney, said during the government's closing argument that she chose fraud over business failure.
Ms.Holmes tried to portray herself as a well-meaning entrepreneur who believed her own claims and was led astray by those around her, while taking the stand for seven days in her own defense.
Kevin Downey, a lawyer for the woman, said that she believed she was building a technology that would change the world.
