Elizabeth Holmes found guilty of fraud and conspiracy
Multiple charges for former CEO, but three charges are still being discussed
SAN JOSE, Calif. (AP) — Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday, ending a lengthy trial that has captivated Silicon Valley.
The jury found her not guilty of four other felony charges.
On the three remaining charges, the jury was deadlocked.
The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes confirmed Monday that it is deadlocked on three of the 11 felony counts against her, signaling the end may be near for a legal drama that’s captivated Silicon Valley.
Those charge her with duping investors and patients about a blood-testing technology that she hailed as a medical breakthrough.
U.S. District Judge Edward Davila urged jury members to re-examine their positions while adhering to their instructions to only return a guilty verdict if convinced beyond a reasonable doubt.
The jury is in its seventh day of deliberations.