[Link] Prosecution gets Elizabeth Holmes to admit she was in control of Theranos

Read: 2/12/2021 arstechnica.com

At this point in her criminal trial, Theranos founder Elizabeth Holmes' best chance for acquittal is for the jury to believe that she was a puppet being controlled by her boyfriend, company president Ramesh “Sunny” Balwani. Yesterday, the prosecution attempted to pick apart that defense.

abuse abuse of power biometrics biotech cease and desist coercion corporate accountability corporate fabrications corporate legal threats corporate liability corporate negligence corporate reputation corporations corpos elizabeth holmes fraud lawfare lawyers lawyers lmao legal threats lmao corporations rupert murdoch self incrimination theranos us courts us law usa

[Link] $100M Theranos investor did little vetting for fear of upsetting Elizabeth Holmes

Read: 31/10/2021 arstechnica.com

Theranos sent a major investor financial projections that were wildly optimistic—perhaps even deceptive—the jury heard yesterday in the criminal trial of company founder and former CEO Elizabeth Holmes.

amway billionaires billions elizabeth holmes financial projections fraud investment firms investors medical tech pfizer rupert murdoch scams stock manipulation theranos us companies us courts usa walmart