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Theranos Founder Elizabeth Holmes to Face Trial Next Year on Fraud Charges

posted by takyon on Monday July 01 2019, @07:38AM   
from the blood-for-blood dept.

upstart writes:

Submitted via IRC for Bytram

Theranos founder Elizabeth Holmes will go on trial next summer

Elizabeth Holmes, the disgraced founder of blood-testing startup Theranos, will officially go to trial in San Jose next year, according to the US District Judge Edward J. Davila of the Northern District of California.

[...] According to TechCrunch, the trial will begin in August 2020, with jury selection beginning on July 28th, 2020. The Wall Street Journal also reports that prosecutors have collected millions of pages of documents, and that the defense has complained about the amount that is being presented, and that the WSJ's initial reporting might have unduly influenced the way the government regulators approached the company.

Previously: Blood Unicorn Fairy Tale: Theranos Founder Charged With Fraud
Elizabeth Holmes Steps Down as Theranos CEO as DoJ Levels Charges
Theranos to Dissolve in a Pool of Blood

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Original Submission

• It’s the WSJ’s fault? It’s the WSJ’s fault? (Score: 2) by Rupert Pupnick on Monday July 01 2019, @12:07PM (3 children)

  by Rupert Pupnick (7277) on Monday July 01 2019, @12:07PM (#861883) Journal

  Sounds like Holmes’ defense team has as much credibility as her marketing team.

  • Re:It’s the WSJ’s fault? Re:It’s the WSJ’s fault? (Score: 4, Informative) by takyon on Monday July 01 2019, @12:54PM (2 children)

    by takyon (881) <reversethis-{gro ... s} {ta} {noykat}> on Monday July 01 2019, @12:54PM (#861898) Journal

    Sometimes your client makes it difficult for you.

    By being deadass guilty.

    But it's true that her story has been widely publicized. A story which is being turned into a movie [imdb.com] starring Jennifer Lawrence.

    --
    [SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]

    Parent

    • Re:It’s the WSJ’s fault? Re:It’s the WSJ’s fault? (Score: 3, Interesting) by Rupert Pupnick on Monday July 01 2019, @01:37PM (1 child)

      by Rupert Pupnick (7277) on Monday July 01 2019, @01:37PM (#861913) Journal

      I bet that her stubborn insistence on only seeing things her way has resulted in instructions to her defense team not to enter into a plea bargain. I imagine that she’s as likely to accept advice from them as readily as she accepted it from her engineering teams at Theranos. Hope they put her away for a long time.

      Parent

      • Re:It’s the WSJ’s fault? (Score: 0) by Anonymous Coward on Monday July 01 2019, @11:39PM

        by Anonymous Coward on Monday July 01 2019, @11:39PM (#862207)

        There's a very good reason something like 98% of Federal prosecutions end in a plea bargain. If this works like three quarters of the 2% that go to trial, she'll be convicted and face a much longer sentence than she could have gotten by pleading guilty and grovelling.

        Parent

• She's just one (Score: 1, Informative) by Anonymous Coward on Monday July 01 2019, @11:44PM

  by Anonymous Coward on Monday July 01 2019, @11:44PM (#862209)

  Criminality is endemic in the tech industry.

  See the investigative piece at
  http://fortune.com/silicon-valley-startups-fraud-venture-capital/ [fortune.com]

  Not only is it common, it is widely defended.