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Prosecution Reacts to Guilty Verdict in Elizabeth Holmes Trial
Ms. Holmes, the founder of the blood testing start-up Theranos, was convicted of four of the 11 charges of fraud for lying to investors, patients and others.
The statement is from U.S. Attorney Stephanie Hinds, and she has said, “The jurors in this 15-week trial navigated a complex case amid a pandemic and scheduling obstacles. I thank the jurors for their thoughtful and determined service that ensured verdicts could be reached. The guilty verdicts in this case reflect Ms. Holmes’s culpability in this large-scale investor fraud. And she must now face sentencing for her crimes.”
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