The first phase of the trial of Theranos founder Elizabeth Holmes will start on Tuesday, with jury selection scheduled during a San Jose, California, courthouse. Holmes is charged with six counts of fraud concerning her now-defunct medical startup. the corporate, founded in 2003, claimed it might revolutionize the medical testing space with a replacement blood diagnostic technology that would perform a variety of tests on a little dose of blood. The claims were later revealed to be largely fabricated.
Theranos had reached a valuation of $10bn before reports from the Wall Street Journal et al. revealed it had been overstating the functions of its core technologies. The US Department of Justice accused Holmes and her former boyfriend and co-president Ramesh “Sunny” Balwani of defrauding both consumers who purchased and used the tests and investors who were convinced it might become profitable. Experts have said it’s going to take longer than usual to seek out jurors during a case that has been highly publicized and is slated to require many weeks to be resolved.
Dozens of potential jurors were cut before the proceedings even began after they answered in pretrial questionnaires that they had exposure to media coverage of Theranos within the past. consistent with pre-trial filings, jurors can expect to listen to doctors who used the tests on their patients and from patients misled by Therano’s results. Those include a lady whose test results falsely signaled a miscarriage despite a healthy pregnancy, a person who was falsely indicated to possess prostatic adenocarcinoma, and two others who received false-positive HIV test results.
However, lawyers for Holmes petitioned to possess the scope of patient testimony severely limited, saying such anecdotes aren’t a statistically stratified sample from the many tests Theranos conducted. While they’re allowed to share that they were misled by the tests, patients are going to be barred from sharing the emotional impact of getting those false results. Holmes is predicted to rest on what’s referred to as a Svengali defense, arguing that her role within the Theranos con was largely influenced by an allegedly abusive relationship with Balwani.
Lawyers for Balwani have called Holmes’s allegations “outrageous, salacious and inflammatory”. The 56-year-old businessman is going to be appearing in court at his own, separate trial in February 2022. The court has put aside time into December for proceedings. Holmes has pleaded acquitted to all or any counts of wire fraud and conspiracy to commit wire fraud. If convicted, she faces up to twenty years in prison.