Star witness in Elizabeth Holmes trial says his testimony was twisted

Published

2 years ago

September 8, 2022

Theranos founder seeks new trial after claims a key witness told her he regrets his testimony

Theranos founder, Elizabeth Holmes, has asked for a retrial after a key witness expressed doubts at her doorstep about his testimony.

This comes just weeks before Holmes was scheduled to be sentenced, and just eight months after she was convicted of fraud and conspiracy in the Silicon Valley’s most high profile trial.

Holmes’ request follows claims that a star witness had visited her home last month, saying he was losing sleep over his testimony.

According to Holmes’ court filing this week, the former Theranos lab director told Holmes and her partner that his testimony had been twisted by the prosecutors.

Holmes was found guilty of defrauding investors in the blood-testing startup she founded, which peaked at $9 billion valuation.

Related Topics:Business conspiracy scandal trending

Up Next

Amazon CEO doesn’t plan on asking staff to go back to the office

Don't Miss

Apple unveils its latest tech, but is it worth the price tag?

Jamila Jalloh

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending