The Silicon Valley saga has inspired a bestselling book, a popular podcast, several documentaries and a feature film. Balwani’s case is being handled separately and his trial is scheduled to begin 18 January. Holmes was indicted in 2018 and her federal trial in San Jose, California, was originally scheduled for 28 July 2020 but was postponed because of the Covid-19 pandemic. Amanda, 36, stars on The Dropout as Elizabeth Holmes, the disgraced Theranos founder who was convicted of fraud and could go to prison for up to 20 years. “Based on these representations, many hundreds of patients paid or caused their medical insurance companies to pay Theranos for blood tests and test results, sometimes following referrals from their defrauded doctors,” the initial indictment stated. palm valley country club membership cost lewiston high school football field elizabeth holmes where is she now. Theranos’ tests for calcium, potassium, HIV and diabetes, for example, misrepresented their efficacy. In a court filing on March 2, Holmes’ lawyers requested a six-week delay for her trial because, as it turns out, she is pregnant with a July due date. Holmes, 37, is pregnant and due to deliver in. Federal Court on Apin San Jose, California. Holmes and the former Theranos president Ramesh “Sunny” Balwani have pleaded not guilty to charges they defrauded investors, doctors and patients. Former Theranos founder and CEO Elizabeth Holmes arrives at the Robert F. The tests were rolled out in Walgreens stores and Theranos reached a $9bn valuation before it became clear that many of the claims about the company’s supposedly revolutionary blood test were bogus. The company’s rise and fall became a cautionary tale about the pitfalls of the Silicon Valley hype machine: it received glowing media coverage and raised more than $700m from investors on claims it had invented a machine that could conduct hundreds of laboratory tests from a single finger-prick of blood. She quickly became a star in the startup space that is largely dominated by men. Former Theranos CEO Elizabeth Holmes, who was set to face wire fraud charges in criminal court on July 13, revealed in a filing late Friday that she’s pregnant. She found it interesting that Holmes requested a delay to the trial because she was pregnant. Holmes, who famously dropped out of Stanford at 19, founded Theranos in 2003 with the goal of revolutionizing blood testing. Elizabeth Holmes and her husband Billy Evans have been staying at Green Gables since March.
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