Theranos’ trial: Prosecutor stops case against Elizabeth Holmes | crime News

Within 10 weeks, the prosecutor has suspended the case against the founder of Theranos in a trial in Silicon Valley in the United States.

Prosecutors ended Friday’s lawsuit against Theranos Inc.’s founder Elizabeth Holmes in a Silicon Valley trial.

Jurors from the San Jose, California federal court have seen the government present evidence for 10 weeks to witness and engage in blood tests using documents, e-mails, video clips and audio recordings of an activist who left Stanford University. its general manager.

Holmes, 37, is accused of making a great effort to mislead patients and investors while Theranos was building a $ 9 billion company before it collapsed in 2018. He and Theranos president Ramesh “Sunny” Balwani were accused of conspiracy and wire fraud. year. Each will face up to 20 years in prison if convicted; Balwani will be tried separately next year and found not guilty.

The government has made it clear that Holmes was fascinated by partners and investors in the hope that they would take part in a health service revolution and make a profit, even though he knew his blood tests were a technological failure.

When Holmes begins to present his defense, a big question remains unanswered: will he testify? It looks like the jury will hear from him as soon as next week.

U.S. District Judge Edward Davila said the trial is unlikely to end on Friday by Dec. 6, as initially scheduled. The judge directed lawyers on both sides while the jury was out of the courtroom.

“I don’t think any of you, I hope none of you, are being strategic in terms of time,” he said. “None of you want the jury to deliberate on the case in the third week of December.”

Holmes’ attorneys told the court that the first witness will be an employee of Williams & Connolly’s law firm.

Holmes’s lawyers also stated that they intend to call as witnesses Fabrizio Bonanni, former vice president of Amgen Inc., who joined the Theranos board in 2016 after being besieged by a regulatory control. Attorney Amy Saharia Holmes said Bonannik, a former Theranos director, would declare his state of mind about his analysts, “until he finally believed in technology.”

(Updates relevant test)