Elizabeth Holmes leaves court Tuesday on last day of cross examination of the Theranos founder. Photo: Alaina Lancaster/ALM Theranos' Elizabeth Holmes Went Down With the Ship, Defense Says in Closing Argument of Fraud Trial
Williams & Connolly's Kevin Downey said during closing arguments Holmes gave up her Stanford education, her youth and her family time to build a technology she "believed would change the world." But the prosecution contends Holmes' refusal to fail ended up being her motive for fraud.
December 17, 2021 at 09:57 PM
5 minute read
White Collar Crime
Elizabeth Holmes' counsel has spent nearly four months providing a San Jose jury granular details about Theranos' blood-testing technology, but during the final day of closing arguments in the founder's fraud trial, her attorney said jurors don't need to know the definition of an "assay" or "CLIA lab" to acquit her of criminal charges.
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