THE GUARDIAN: The jury delivered the verdict after announcing they were deadlocked on three of the 11 charges faced by Holmes
Elizabeth Holmes, founder of Theranos, has been found guilty on four of 11 charges of fraud, concluding a high profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.
The jury found Holmes guilty of several charges – including conspiracy to defraud investors – following a dramatic day in which jurors said they remained deadlocked on three of the criminal counts she faced.
On Monday, the seventh day of deliberations, the jury told US district judge Edward Davila that it was unable to reach a unanimous verdict on those three charges. In response, Davila encouraged them to deliberate further, but jurors later returned and rendered their final decision.
As the verdict was read, the Theranos founder bowed her head, remained seated and expressed no visible emotion. Her partner, Billy Evans, showed agitation in earlier moments but appeared calm during the verdict reading.
Holmes was found guilty on four charges: one count of conspiracy to defraud investors, and three counts of wire fraud against investors. With video » | Karl Paul | Tuesday, January 4, 2022
Silicon Valley Can’t Escape Elizabeth Holmes: Ms. Holmes, the founder of Theranos, wasn’t a creature of Silicon Valley, or so the refrain went. But her fraud trial showed otherwise. »
