Holmes is charged with 12 counts of fraud and wire fraud in connection along with her Silicon Valley firm, which developed a promising blood evaluation machine that required solely a finger prick sized pattern as an alternative of a number of vials to be drawn.
Get the most recent updates from ABC7 News reporter David Louie, who’s intently following the trial, beneath:
Trial resumes after juror exposed to COVID-19
The trial for Theranos founder Elizabeth Holmes resumed right this moment in San Jose. The proceedings have been canceled Friday after a juror was presumably exposed to COVID. That juror has since acquired two damaging check outcomes, the choose mentioned.
This week the Senior Challenge Supervisor at Theranos, the corporate’s accounting agency, and one of many whistleblowers are anticipated to testify
This morning a juror was changed with an alternate as a result of her employer couldn’t accommodate her work schedule throughout jury service.
2nd day of trial canceled due to juror COVID-19 publicity
The second day of the Theranos trial was canceled when a juror notified the court docket of publicity to somebody over the weekend who has been recognized with COVID-19. Pending the outcomes of a virus check, hearings will resume subsequent Tuesday.
The Theranos comptroller, the federal government’s first witness, was scheduled to resume testimony Friday. On the finish of day one on Wednesday, So Han Spivey started answering questions concerning the firm’s monetary scenario in 2009 and the way it managed to increase $25 million from traders in 2010.
Opening arguments start in Theranos founder trial
The jury of seven males and 5 girls heard opening statements from prosecution and protection attorneys, outlining what proof and testimony to count on over the subsequent three months or longer.
Within the authorities’s opening assertion, U.S. Legal professional Robert Leach advised the jury that Holmes engaged in a scheme of fraud and deceptive claims to appeal to traders and to increase the supply of its testing machine into Walgreen’s and Safeway shops. Leach claimed the check outcomes have been inaccurate, and the jury will hear from sufferers who have been misdiagnosed. A path of emails will probably be shared that identified these points with Holmes on the identical time she was persevering with to appeal to extra money from traders.
Protection lawyer Lance Wade then introduced his opening assertion, saying Holmes “didn’t go to work every day intending to lie, cheat and steal.” He portrayed the Stanford dropout as completely dedicated for 15 years to constructing a profitable firm and offering jobs for a whole lot of individuals. Her objective, he mentioned, was to make blood testing cheaper and obtainable to extra sufferers, even when they lacked insurance coverage.
The prosecution indicated witnesses could embrace sufferers whose blood outcomes have been inaccurate, together with traders. The protection urged jurors to be affected person as proof is introduced over the subsequent three months.
Holmes sat on the protection desk through the morning session. To this point there was no indication whether or not she is going to testify in her protection. There has additionally been no point out of a doable abuse protection that was disclosed in a court docket submitting lately unsealed.
NOTE: Courtroom will probably be in session solely on Tuesdays, Wednesdays and Fridays.