Elizabeth Holmes trial: jury finds Theranos founder guilty on four fraud counts
The Guardian says Elizabeth Holmes, founder of Theranos, has been found guilty on four of 11 charges of fraud, concluding a high profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood-testing startup.
The jury found Holmes guilty of several charges – including conspiracy to defraud investors – following a dramatic day in which jurors said they remained deadlocked on three of the criminal counts she faced.
On Monday, the seventh day of deliberations, the jury told US district judge Edward Davila that it was unable to reach to reach a unanimous verdict on those three charges. In response, Davila encouraged them to deliberate further, but jurors later returned and rendered their final decision.
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