Discover and read the best of Twitter Threads about #elizabethHolmes

Most recents (24)

Internet voting has been snarkily called the "#Theranos of voting." #ElizabethHolmes trial watchers may be surprised to know HOW similar, as internet voting vendors pulled one of the exact same tricks that #Holmes did, which led to her fraud conviction. Thread 1/
One of the most damning pieces of evidence that compelled a guilty verdict in the #Holmestrial was the fact that Elizabeth put logos from pharmaceutical companies, like @pfizer, on reports that Theranos itself had authored, so that it looked like Pfizer endorsed the findings. 2/
Well, funny story. Voatz, a blockchain internet voting system vendor, wrote a report that purported to be findings of a @DHSgov assessment of their system. And they went ahead and slapped the DHS seal and logo right on top, so that it looked like the report was written by DHS.3/
Read 10 tweets
1) Anlatılar ve Sayılar adlı kitabın çevrisini yaparken hikâyelere inanarak yatırım yaparak zengin olan ya da batan insanların durumuna da dikkat çekmiştim.

#Theranos bu anlamda dolandırıcılar için de kısa yoldan zengin olmak isteyenler için de bence bu işin zirvesi olabilir.
2) Hikâye ve kahramanlar o kadar cezbedici ki yatırım yaparken en temel soruları bile sormak insanın aklına gelmiyor. Hollywood filmi bunun yanında masum kalır ve maalesef bu çok sayıdaki örnekten meşhur olanı.

Peki sonunda ne oldu? Adalet, hukuk? Yatırımcılar ders aldı mı?
3) Yatırımcıların ve kolay yoldan zengin olmak isteyenlerin çoğunun ders aldığını zannetmiyorum. Farklı bir hikâyede aynı kişileri görmek mümkün.

Ancak adalet açısından gelişmeler olumlu. 20 yıl hapis cezası ile yargılanan #ElizabethHolmes iddiaların bazılarından suçlu bulundu.
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🚨BREAKING: Elizabeth Holmes found GUILTY of #conspiracy as part of her role in the total scam that was #Theranos.

She deserves to pay for her crimes.
#Theranos founder Elizabeth Holmes found GUILTY on 4 counts of wire #fraud + 1 count of #conspiracy, but not guilty on 3 counts. Jury deadlocked on 3 counts.

washingtonpost.com/technology/202…
There were 11 total charges. Still awaiting confirmation on the exact number that we’re GUILTY.
Read 8 tweets
#ElizabethHolmes trial day 38:

Closing statements.

Federal prosecutors will go first and then Holmes' team will get their chance.

Reporters/curious public huddle for cover from the rain around 2:30 a.m.

I pulled #6 in line w/ a 2:19 a.m. arrival
At long last. Line is over 60!
Prosecutors and defense attorneys are seated. So is #ElizabethHolmes. We're just waiting on the judge and jury.
Read 244 tweets
#ElizabethHolmes trial day 36:

Holmes will be back on the stand for her sixth day of testimony.

The defense revealed they do not have enough witnesses to fill up this week.

Arriving at 3:42 a.m. got me #15 in line 😁
Holmes is here
The sun is up!
Read 192 tweets
#ElizabethHolmes trial day 35:

Prosecutors will finally get their shot at asking Holmes questions.

She will likely be crossed for much of her fifth day of testimony.

I pulled #16 today in line after arriving before 4 a.m.
Anddd we are inside the courtroom. Holmes should retake the stand around 9 a.m. PT today, for the final day of the short trial week.
J.R. Fleurmont for the defense and Kelly Volkar for the prosecution are up in front of Judge Edward J. Davila continuing their argument about the admissibility of statements Sunny Balwani made to the SEC in a pretrial deposition.
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"What were the other reasons you [left] stanford?" Downey asked

"I was raped when I was at stanford and I decided to leave to pour myself into building Theranos," Holmes testified, holding back tears.
"I was going to build a life by building this company," she continued.
Holmes discussed the trauma she had experienced at Stanford with Balwani.

“He said that I was safe now that I met him,” she said of his response.
Read 50 tweets
#ElizabethHolmes trial day 34:

Crowds out bright & early to see Elizabeth Holmes testify for her fourth day. She is still on direct examination.

I am #24 in line (showed up at 4:23 a.m. for a 10:30 a.m. start.) Only 34 "main" courtroom seats.
update...
#ElizabethHolmes arrives to court
Read 67 tweets
#ElizabethHolmes day 33:

Holmes will return to the stand for what could be her last day of direct examination.

Next week, prosecutors are likely to get their shot at asking her Qs

New episode #TheDropout. Hear about the moment Holmes took the stand:

open.spotify.com/episode/4OOuQp…
it's still dark lol. I showed up at 4 a.m. and got #20 in line.
In the gates! @Emily_Saul_ keeping order
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#ElizabethHolmes trial day 32:

Holmes will be back on the stand.

(pics taken before 5 a.m.)
T-2 hours until #ElizabethHolmes returns to the stand.

Catch up on her suprise Friday testimony:

abcnews.go.com/US/theranos-fo…
Courtroom is packed and awaiting Holmes' testimony.

Prosecutor Jeff Schenk and defense attorney Kevin Downey just returned from the judge's chambers.
Read 61 tweets
(1/∞)Elizabeth Holmes, 👩🏻 the founder and former CEO of the failed biotech startup Theranos, went from being hailed as the next Steve Jobs to facing up to 20 years in prison over federal fraud charges. How did she get here?

The rise and fall of #ElizabethHolmes: A timeline 👇
(2/∞) 📆 March 2004: Holmes drops out of @Stanford to pursue Theranos.🎓

A sophomore studying chemical engineering drops out of school to pursue her startup. She founded Theranos in 2003 at age 19. The name is a combination of the words "therapy" and "diagnosis." 🤯
(3/∞)📆 September 2009: Ramesh "Sunny" Balwani joins Theranos as the right-hand man. 💼

Balwani joins as COO & President. He met Holmes in 2002 on a trip to Beijing through @Stanford University. The two are later revealed to be romantically involved. ❤️
Read 40 tweets
The defense calls Elizabeth Holmes
E-L-I-Z-A-B-E-T-H H-O-L-M-E-S

She's on the stand.
Holmes is vaccinated and has removed her mask. She smiled.

Downey is on for direct.
Read 42 tweets
#ElizabethHolmes Trial Day 31:

The prosecution said they would rest this week, and the crowds showed up accordingly.

Fortune's Roger Parloff will be back on the stand
If they put on a case — the defense disclosed to the prosecution their first witness will be a paralegal from their firm.

They also told the government they plan to call a 2nd witness: Theranos board member Dr. Fabrizio Bonanni.

The gov't moved to exclude Bonanni's testimony.
The defense is arguing the relevance of Dr. Bonanni's testimony, who they said joined #Theranos in March 2016.

Bonanni will speak to the capabilities of the Minilab, which they pointed out rebuts an allegation the government made in the indictment, they told the judge.
Read 83 tweets
#ElizabethHolmes trial day 30.

Witness list:

1. Erin Tompkins — A #Theranos patient who purportedly received an inaccurate HIV test.

2. Fortune Magazine's Roger Parloff — who wrote a front page profile of Holmes (linked below.)

3. Gov. could rest?

fortune.com/2014/06/12/the…
Defense attorney John Cline is arguing with Prosecutor John Bostic about which portions of Parloff's interviews with Holmes can be played to the jury on cross examination.
“She needs to take the stand and testify," Bostic said, citing hearsay concerns over portions of Holmes' interview, the defense sought to admit.

Cline argued he could admit for Holmes' state of mind.

"She's not trying to deceive Parloff or the investors," Cline said.
Read 64 tweets
#ElizabethHolmes trial day 29:

Holmes' team filed a motion last night to admit certain portions of her recorded interview with @FortuneMagazine writer Roger Parloff — who could testify as soon as today.
Defense attorney John Cline offered sound bites from Holmes which "[disclose] DoD’s use of Theranos as a potential one," explain why #Theranos considers its tech/processes trade secrets, and other portions that the government's proposed plays "artificially cut out," Cline said.
Not offered by either the government or the defense — the beginning of the intvw in which Holmes tells Parloff how she got into the biz.

"I ultimately dropped out in May. But -- but when I filed the patent in September, I knew this was what I was going to be doing," Holmes said
Read 100 tweets
#ElizabethHolmes Trial Day 28:

Whether or not the defense is going to put on a case is a mystery to all, including the prosecutors, they told the court this morning.

New episode of #TheDropout: The Beginning of the End

open.spotify.com/episode/0oQ3s6…
#ElizabethHolmes' team is arguing a motion to reconsider the admission of "enthusiastic" Walgreens customer reports from those who had their blood tested by #Theranos tech

The defense is offering them for Holmes' state of mind, b/c the glowing reviews went "directly" to the CEO
Judge Edward J. Davila went through the surveys, and could not find many reports which actually discussed test results — an issue in the case, he told the defense attorney.
Read 140 tweets
#ElizabethHolmes trial day 27:

Our first full week of trial — which will likely end in the prosecution resting their case, they revealed last Wednesday.

Investor Alan Jay Eisenman will be the witness this morning. He is on cross and is expected to finish by EOD (1 p.m. PT)
Eisenman is back on the stand. Downey began by asking the investor if he recalled a quarterly meeting call he had with Holmes in March 2010.

Eisenman said he did not recall.
"I have a whole trail of notes over [several] years," Eisenman said about a potential IPO, evading Downey's question about whether or not Holmes mentioned an equity offering in that 3/2010 call.
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#ElizabethHolmes trial day 26:

The final Theranos lab director, Dr. Kingshuk Das, will be back on the stand when court begins.

Das testified on direct to voiding "50-60k" clinical tests and finding an Edison prototype "unsuitable for clinical use," following a CMS audit
Next week the prosecution will recall Danise Yam (the first witness) so that they can admit one email, we learned in pretrial arguments.

The gov asked the defense to stipulate to its admission, but Holmes' team refused.
Dr. Das is on the stand. Wade is back on for cross.
Read 101 tweets
#ElizabethHolmes trial day 25:

T-1.5 hours until #Theranos co-lab director Lynette Sawyer is back on the stand.

Enough time to listen to our latest episode of #TheDropout: Patterns.

podcasts.apple.com/us/podcast/pat…

@RebeccaJarvis @VicThompsonABC @TheDunnDunn @TheOrdonezTimes
Short week - only today and tomorrow.

Pre-trial arguments will begin at 8 a.m.

Some "thorny legal issues" will be discussed, as defense attorney Lance Wade put last Thursday.
Yesterday there was an hour-and-a-half convo between the parties regarding the scope of questions permissible to ask former Fortune writer Roger Parloff.

He could testify as early as this week, attys said.

His article has been frequently referred to throughout the trial.
Read 89 tweets
#ElizabethHolmes trial day 24:

Thursday is the new Friday.

No indication on who will testify next other than the sighting of agents guiding an older balding man through the court's fifth-floor hallway

@ABC's @Athon04 caught me walking into court 😂
"The United States Calls Chris Lucas"

#ElizabethHolmes
Lucas was a #Theranos investor, he founded Black Diamond Ventures.

We heard from Investor Bryan Tolbert earlier in trial whose HALL Group invested in Theranos through Black Diamond Ventures in 2006.
Read 121 tweets
#ElizabethHolmes trial day 23:

Dr. Henry Kissinger's longtime lawyer Dan Mosley, who personally invested $6 million in Theranos after the former Secretary of State asked him to vet the company, is back on the stand Wednesday morning where he will likely complete his testimony.
In pretrial arguments, Judge Edward J. Davila said he will "very well likely" grant the defense's motion to exclude testimony from patient "B.B." who received purportedly inaccurate results from an assay not included in the government's indictment or bill of particulars.
"It sounds like the government was confused as to its assays," Defense attorney Katie Trefz told the court.

“This is the U.S. government, this is a criminal case, they should be held to a higher standard.”
Read 66 tweets
Schenk pulled up the "Certification of designation of series c-2 preferred stock" and is going through it with Mosley.

Breaking until 2 ish PT.
Mosley is back on the stand, and Schenk is having him decipher some handwritten notes he took about #Theranos at an unspecified time.

His hand writing is worse than mine.
Schenk ran Mosley through a slide deck he received from #Theranos. He highlighted many of the statements we have seen from other slide decks in other investors' binders.

They touch on accuracy etc.

The AUSA is asking him if the statements are consistent with his understanding.
Read 38 tweets
#ElizabethHolmes trial day 22:

The water is back on in the courthouse.

Defense attorneys Kevin Downey and Lance Wade are sporting fresh cuts.

Pretrial matters first, and then DeVos family investment manager Lisa Peterson will return to the stand.
Today's witness list:

1. Lisa Peterson -- last week testified to a $100 billion investment by the DeVos fam

2. Dr. Cullen -- "a brief witness"

3. Daniel Mosley -- Investor / partner Cravath Swaine and Moore. (Dr. Henry Kissinger was his client, Wade said)

#ElizabethHolmes
@FortuneMagazine writer Roger Parloff will testify next week at the earliest, Prosecutor John Bostic revealed.

This was his front page piece on then burgeoning #ElizabethHolmes:

fortune.com/2014/06/12/the…
Read 61 tweets
#ElizabethHolmes trial day 20:

We will get two investors today, if time permits.

First up: Lisa Peterson

And... a new episode of the #dropout: "The Therabros"

open.spotify.com/episode/1kRH1A…
Judge Davila's deputy just brought Prosecutor Jeff Schenk and Defense Attorney Kevin Downey back to his chambers.
The jury filed in around 9:50 a.m.
Read 68 tweets

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