U.S. jury finds Theranos founder Holmes guilty of fraud

Published by
Reuters

By Jane Lanhee Lee and Jody Godoy SAN JOSE, Calif. (Reuters) -A U.S. jury on Monday found Theranos founder Elizabeth Holmes guilty of defrauding investors in the blood testing startup, convicting her on four of 11 counts. Holmes was convicted of investor fraud and conspiracy, but acquitted on three counts of defrauding patients who paid for tests from Theranos, and a related conspiracy charge. The jury could not reach a decision on three counts related to other, individual investors. Holmes, wearing a gray suit, appeared poised after the verdict was read. A sentencing date was not immediately …

Cory Maki is a former Staff Editor and the Business Development Manager at Grit Daily.