Jurors will begin their second week of deliberations against former Theranos CEO Elizabeth Holmes who faces charges alleging she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough when it didn't work.
acknowledging she made some mistakes and decisions she regretted while staunchly maintaining that she never stopped believing Theranos was on the verge of revolutionizing health care.
It was such a compelling concept that Theranos raised more than $900 million and struck partnerships with major retailers Walgreens and Safeway. Holmes herself became the subject of cover stories on business magazines. After the flaws were exposed in 2015 and 2016, Theranos eventually collapsed and the Justice Department filed a criminal case in 2018 that charged Holmes with 11 felony counts of fraud and conspiracy.The jurors have provided few clues about how their deliberations have been going so far. During their first week discussing the case, they sent two notes to U.S. District Judge Edward Davila.
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