Fri. Jan 21st, 2022

Jury members in the Elizabeth Holmes fraud trial told a judge they were struggling to reach a consensus on three of 11 charges.

By Bloomberg

Jury members in the Elizabeth Holmes fraud trial were told to work through an impasse in their deliberations after telling a judge they were struggling to reach a consensus on three of the 11 charges against the Theranos Inc. founder.

“We can not reach a unanimous verdict on three of the charges,” the 12-member jury said Monday in a note to U.S. District Judge Edward Davila that was read out in a California court. It is not clear on what points the jury can not reach an agreement. A unanimous verdict is required to convict or acquit Holmes, 37.

The judge asked the jury, which is in its seventh full day of deliberations, to proceed. He said his instructions were “not meant to incite or pressure you to agree on a verdict” and “there is no hurry.” The jurors sat through the three-month trial and heard from dozens of witnesses in the case.

The panel of eight men and four women must decide whether Holmes is guilty of fraud and conspiracy charges filed in 2018, the same year that her blood test business collapsed after previously reaching a $ 9 billion valuation. Holmes faces a maximum sentence of 20 years in prison if convicted.

Holmes said nothing when she left the courthouse in downtown San Jose.

Among the charges are wire fraud and conspiracy against Theranos investors, as well as patients who relied on the company’s blood testing machines.

(Background updates on charges.)

Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *