ELIZABETH HOLMES

The backers of companies like Theranos and WeWork avoided performing the kind of due diligence that would justify their stratospheric valuations.

A civil lawsuit has been filed against the school district and administrators connected to the deadly Oxford High School shooting. The new legal documents detail disturbing behavior allegedly carried out by the suspect that school officials failed to address. Elise Preston has the details.

A judge on Wednesday scheduled Holmes's sentencing for September 26, meaning she'll be out on bail for the next eight and a half months.

The onetime Silicon Valley star will remain free on a bond until her sentencing hearing. She faces the maximum possible penalty of decades behind bars.

Ian Gibbons, who was the chief scientist of Theranos, died by suicide in 2013.

The court filing also said the government will dismiss counts 3, 4 and 5 of the indictment in which the jury deadlocked on.

Holmes was convicted on four federal fraud charges. Her ex-boyfriend, former Theranos president Ramesh Balwani, is about to go on trial on similar charges.

On Monday, former Theranos CEO Elizabeth Holmes was convicted on numerous counts of fraud following a months-long federal trial.

Theranos whistleblower Tyler Shultz reflects on Elizabeth Holmes' jury verdict. These days, he is the one making exaggerated claims to investors.

No, and it’s too bad the business world wasn’t as impartial.

A jury has ended the suspense surrounding the fraud trial of former Theranos CEO Elizabeth Holmes by finding her guilty on four of the 11 charges facing her, but some issues in the legal drama remain unresolved.

Former Theranos CEO Elizabeth Holmes was convicted Monday of four counts of fraud.

Theranos isn’t the only bad apple out there. Here’s how you can protect yourself and your portfolio from corporate fraud.

The verdict came after a lengthy trial that featured testimony from more than 30 witnesses, including Holmes herself.

The jury said earlier they were deadlocked on three charges.

The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated billionaire to prison for years.

Holmes, who was once seen as one of the most promising leaders in Silicon Valley, could spend up to 20 years in prison for lying to investors and patients of the blood-testing company.

The judge handed the case to the jury late Friday afternoon after more than three months of trial proceedings.

After an order from Judge Edward Davila that they continue deliberating, the 12 jurors in Elizabeth Holmes' criminal trail are still deadlocked on three counts.

After hearing about the impasse, the judge instructed the jury to keep deliberating. Jurors have been debating Holmes' fate for seven days after a trial that has stretched on for four months.

U.S. District Judge Edward Davila reminded the jury that charges must be proven beyond a reasonable doubt.

The jury told the judge they are unable to reach a unanimous verdict on 3 of the 11 criminal counts.

Jury deliberations in Elizabeth Holmes' criminal trial entered their seventh day on Monday.

Elizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.

Elizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.

The jury weighing fraud charges against former entrepreneur Elizabeth Holmes is unable to reach a unanimous verdict on three of the 11 criminal counts she faces, according to a note from the panel read aloud in court. After conferring with lawyers for the defense and prosecution, U.S. District Judge Edward Davila sent for the jury in order to encourage it to deliberate further. Once the jury returned to court, Davila instructed its members to do their best to reach a verdict, noting that they should re-examine their own views and change their opinions if persuaded they are wrong.

Stephanie Hinds, a U.S. attorney, said in a statement on Jan. 3 that the guilty verdicts reflected Holmes’ "culpability in this large scale investor fraud."

Stephanie Hinds, a U.S. attorney, said in a statement on Jan. 3 that the guilty verdicts reflected Holmes’ "culpability in this large scale investor fraud."

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes departed court Wednesday without reaching a verdict after six days of deliberations.

A jury in Silicon Valley has been weighing the fate of Holmes, the former tech executive whose blood-testing startup Theranos shot her to fame. She now faces criminal fraud charges.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes left the court Tuesday without reaching a verdict after a fifth day of deliberations.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes left the court Tuesday without reaching a verdict after a fifth day of deliberations. Holmes is facing 11 criminal charges alleging that she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough when in fact it was prone to wild errors. The eight men and four women on the jury have been meeting in a San Jose, California, federal courthouse after absorbing reams of evidence in a three-month trial that captivated Silicon Valley.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes completed a fourth day of deliberations Monday without reaching a verdict.

Defendants spoke directly to jurors in a series of recent high-profile trials, defying conventional wisdom that the risks of a client taking the stand usually outweigh the benefits.

The 12 jurors who will determine the fate of Theranos founder Elizabeth Holmes left the San Jose courthouse on Thursday with no verdict in hand.

Jurors in the fraud trial of former Theranos CEO Elizabeth Holmes returned to the courtroom Thursday to listen to a replay of audio recordings that captured her brash promises about a vaunted blood-testing technology the propelled her meteoric rise and scandalous downfall.

Jurors on Tuesday were told by Judge Edward Davila that they can't take instructions home with them, as all deliberations must occur in the courthouse.

The court said no to the request by the jury in the Elizabeth Holmes case to take their instructions home.

The high-profile trial of former Theranos CEO Elizabeth Holmes boils down to a single question: Did she cover up defects in her startup’s blood-testing technology to rip off investors while potentially endangering the lives of unwitting patients.

The high-profile trial of former Theranos CEO Elizabeth Holmes boils down to a single question: Did she cover up defects in her startup's blood-testing technology to rip off investors while potentially endangering the lives of unwitting patients? Federal prosecutors charged Holmes, 37, with 11 felony counts of fraud and conspiracy in 2018 after Theranos collapsed under the weight of her bogus boasts about its technological prowess. The web of alleged lies and other deceptive tactics covered in the trial occurred from 2010 to 2015, when, according to prosecutors, Holmes duped investors in her startup while also misleading patients about the accuracy of the company's blood tests.

The jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations on Monday.

Deliberations are set to begin Monday in a trial that will determine whether the disgraced former CEO of the biotech startup Theranos faces possible prison time or walks free.

If Holmes is convicted of all the charges against her, she could face up to 20 years in prison. The eight men and four women on the jury will resume deliberations Monday.

Evidence submitted to the jury included the testimony of 32 witnesses — including Holmes herself — and more than 900 exhibits.

Evidence submitted to the jury included the testimony of 32 witnesses — including Holmes herself — and more than 900 exhibits.

After hearing three months of arguments and witness testimony, the jurors deciding the fate of Theranos founder Elizabeth Holmes are beginning deliberations.

The jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case late Friday after a three-month trial that captivated Silicon Valley.

The trial has been underway for three months, and the jury will weigh 11 felony counts of fraud and conspiracy facing the Theranos CEO.

The trial has been underway for three months, and the jury will weigh 11 felony counts of fraud and conspiracy facing the Theranos CEO.

Closing arguments in former Theranos CEO Elizabeth Holmes' criminal fraud trial kicked off on Thursday.

Early Theranos investor, Marc Ostrofsky, is selling his Series A stock certificate for 500,000 shares as an NFT.

Jurors in the case of former Theranos CEO Elizabeth Holmes on Thursday heard starkly different interpretations of her motives and actions as her long-running criminal trial nears the finish line.

The trial of fallen Silicon Valley star Elizabeth Holmes moves into its final phase Thursday when federal prosecutors and defense attorneys will present their final arguments to the jury that will determine her fate. Holmes' criminal fraud trial has featured three months of often dramatic testimony and other evidence surrounding her 15-year reign as CEO of Theranos, a blood-testing startup she founded after dropping out of Stanford University when she was just 19. Holmes, now 37, leveraged Theranos to woo billionaire investors while assembling a board of directors that included former U.S. Cabinet members spanning from the Nixon to Trump administrations while promising to revolutionize health care with a more humane, convenient and cheaper way to test blood.

Once-lionized entrepreneur Elizabeth Holmes wrapped up seven days of testimony Wednesday in her criminal fraud trial, defending her actions as CEO of the startup Theranos.

Before Elizabeth Holmes' defense rested in her fraud trial on Wednesday, Holmes took a closing shot at ex-boyfriend Sunny Balwani, Theranos' former president.

The former CEO of Theranos finished her marathon testimony on Wednesday. The high-profile case against the onetime Silicon Valley star now moves closer to jury deliberations.

The defense team for fallen Theranos founder Elizabeth Holmes has rested its case in Holmes' criminal fraud trial, setting up several days of preparation before closing arguments begin.

She worked to recall key events that triggered the fraud charges facing her.

Elizabeth Holmes returned to the stand on Tuesday for more questions from prosecutors in her criminal fraud trial.

The fraud trial of fallen Theranos founder Elizabeth Holmes is set to resume Tuesday with continued cross-examination of Holmes and possible expert psychological testimony.

CNBC has learned Elizabeth Holmes has been calling former sorority sisters from Stanford to attend her criminal fraud trial in support of her.

In a tense day of testimony, the former founder of Theranos tried to fight assertions from federal prosecutors that she deliberately deceived investors and misled patients.

Theranos CEO Elizabeth Holmes admitted in court that she tried to get News Corp's Rupert Murdoch to kill a Wall Street Journal story.

One-time entrepreneur Elizabeth Holmes, under questioning by prosecutors, struggled Tuesday to recall key events that led to her facing criminal fraud charges for allegedly fleecing investors and customers of her failed blood-testing startup Theranos. In between bouts of hazy recollection, Holmes wept on the witness stand after the federal prosecutor interrogating her asked to read aloud some of the amorous texts that she and Balwani exchanged during a five-year period while they were running Theranos and living together in a stealth romantic relationship. Holmes quickly responded with this text: “Coming from my tiger means the whole universe to me."

The Theranos founder became romantically involved with her business partner Sunny Balwani in 2005.

The Theranos founder became romantically involved with her business partner Sunny Balwani in 2005.

Disgraced entrepreneur Elizabeth Holmes on Monday cast herself as the abused puppet of her former lover and business partner Sunny Balwani during tearful testimony aimed at refuting accusations she lied about a flawed blood-testing technology that hailed as a major breakthrough.

Biotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive scam, expressed some remorse while on the witness stand Tuesday, but denied trying to conceal that her company’s blood-testing methods weren’t working as she had promised.

Fallen Silicon Valley star Elizabeth Holmes returned to the witness stand on Monday to tell a story likely to determine whether she is convicted or acquitted of criminal charges alleging she duped investors and patients into believing she had invented a breakthrough in blood-testing technology.

Fallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients about her startup Theranos and its medical device that she said would reshape health care, unexpectedly took the witness stand Friday in her trial for criminal fraud.

A Fortune Magazine reporter whose story helped turn Elizabeth Holmes into a Silicon Valley sensation came to court Thursday to explain why he felt like he became a pawn in her attempts to hype a blood-testing technology she promised would revolutionize health care.

A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes has had its first chance to listen to recordings of her boasting to investors about purported breakthroughs in blood-testing technology.

Fallen Silicon Valley star Elizabeth Holmes convinced media mogul Rupert Murdoch and other billionaires to invest in her biotechnology startup despite warnings its unconventional blood tests were dangerously unreliable.

Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle.

In a story published September 8, 2021, about the opening day of the fraud trial of fallen Silicon Valley tech star Elizabeth Holmes, The Associated Press erroneously reported a statement made by her attorney Lance Wade due to a dropped word.

Elizabeth Holmes once seemed destined to fulfill her dream of becoming Silicon Valley's next superstar.

Jury selection in the fraud trial of Theranos founder Elizabeth Holmes began Tuesday, casting a spotlight on the fallen Silicon Valley star now facing felony charges alleging she duped elite financial backers, customers and patients into believing that her startup was about to revolutionize medicine.