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at Theranos trial, jury remains undecided on Elizabeth Holmes’ guilt

by souhaib
January 3, 2022
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Elizabeth Holmes, upon her arrival in court in San José, California, August 31, 2021.
Elizabeth Holmes, upon her arrival in court in San José, California, August 31, 2021. NIC COURY / AP

This lawsuit is about what could be Silicon Valley’s biggest scam. And after seven days of deliberation, his verdict remains pending. The twelve jurors – eight men and four women – of the federal court in San José, Calif., Must determine whether Elizabeth Holmes, 37, is guilty of fraud or if she sincerely believed that she would revolutionize the blood diagnostics market with her company Theranos. She faces decades in prison.

Read also Article reserved for our subscribers La chute d’Elizabeth Holmes, « girl boss » de la Silicon Valley

On Monday, Jan. 3, they told the judge they could not agree unanimously on three of the 11 charges against the fallen Silicon Valley icon, without mentioning their decision on the eight others. Federal Judge Edward Davila told jurors to continue deliberating on the charges against them, saying there was no rush.

If, despite further discussions, the jurors still cannot reach an agreement, the judge has the option of accepting the verdicts on which a decision has been reached, and declaring the annulment of the trial for the other counts. charge. It would then be up to prosecutors to decide whether or not to request a new trial for these outstanding charges.

Read also Article reserved for our subscribers At the Theranos trial, ex-CEO Elizabeth Holmes testifies, smiling and confident

More than three months of testimonials

Jurors began deliberating at the end of the day on December 17, after hearing testimony for more than three months during the trial in San José, in the heart of Silicon Valley.

Mme Holmes founded Theranos in 2003, at the age of 19. It promised to produce diagnostic tools faster and cheaper than those in traditional laboratories. Having become a billionaire at the age of 30, she symbolized in many ways the entrepreneurs of Silicon Valley, between dropping out of her studies at the age of 19 at the prestigious Stanford University and her taste for black turtleneck sweaters, the emblematic garment of the legendary Apple co-founder Steve Jobs.

Read also Article reserved for our subscribers Theranos case: “If Elizabeth Holmes is acquitted, nothing will change in the culture of Silicon Valley”

But his devices, which must have been revolutionary, did not work. The prosecutor accused her of having chosen “Fraud rather than bankruptcy”. M’s lawyerme Holmes, on the contrary, asserted that she believed in good faith in his invention. The case raises the question of how far start-ups can embellish their activities as they mature.

at Theranos trial, jury remains undecided on Elizabeth Holmes' guilt

Also listen Theranos: Silicon Valley’s Biggest Scam

The World with AFP

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