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- In 2018 Theranos was dissolved. In March that year, Holmes settled civil charges from financial regulators that she had fraudulently raised $700m from investors. But three months later she was arrested, along with Mr Balwani, on criminal charges of wire fraud and conspiracy to commit wire fraud.
www.bbc.com/news/business-58336998Theranos scandal: Who is Elizabeth Holmes and why was ... - BBC
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The jury found her not guilty on four other charges and failed to reach a verdict on three more. Holmes, who had pleaded not guilty to all charges, sought a new trial but those requests...
Mar 2, 2022 · Holmes was the lauded CEO of Theranos, a biotech company that claimed to have invented a machine that could run dozens of blood tests using just a drop of blood. At its peak, Theranos was...
In 2018, the U.S. Securities and Exchange Commission (SEC) charged Theranos, Holmes, and former Theranos chief operating officer (COO) Ramesh "Sunny" Balwani with raising $700 million from investors through a fraud involving false or exaggerated claims about the accuracy of the company's blood-testing technology; Holmes settled the charges by ...
Jan 3, 2022 · From Stanford University dropout to Theranos’s $9 billion valuation to conviction, it is an epic rise and fall that will be chewed over in the coffee shops and juice bars of Palo Alto, Calif ...
Sep 8, 2021 · Holmes started Theranos in 2003, when she was 19. The company was based in Palo Alto and promised to revolutionize health care by detecting diseases using a single drop of blood from a finger...
Nov 18, 2022 · Nov. 18, 2022. SAN JOSE, Calif. — Elizabeth Holmes, the founder of the failed blood-testing start-up Theranos, was sentenced to more than 11 years in prison on Friday for defrauding...
Jan 4, 2022 · At the end of 2021, the ex-billionaire Elizabeth Holmes faced her toughest sales pitch — unsuccessfully attempting to convince a jury she was innocent.