Elizabeth Holmes' fraud case heads to the jury
ABC News
The jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case late Friday after a three-month trial that captivated Silicon Valley
SAN JOSE, Calif. -- The jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case Friday afternoon after a three-month trial that captivated Silicon Valley.
The hand-off came after lawyers for the opposing sides wrapped up a second day of painstaking final arguments to sum up their respective interpretations of the evidence submitted to the jury. That included the testimony of 32 witnesses — including Holmes herself — and more than 900 exhibits.
The eight men and four women on the jury began their deliberations late on Friday and will take the weekend off before resuming Monday morning to decide whether Holmes turned her blood-testing startup into a massive scam. If convicted on all counts, Holmes, 37, could face up to 20 years in prison.
In his final attempt to persuade the jury to acquit, Holmes lawyer Kevin Downey likened her final days running a then-reeling Theranos to a captain valiantly trying to save a sinking ship.
