Elizabeth Holmes trial: updates as Theranos founder's TV interviews become issue
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, U.S., on Tuesday, Oct. 12, 2021. A lawyer representing Holmes was blocked from taking his best shot at undermining a former Theranos lab director who' (Getty Images)
SAN JOSE, Calif. - Roughly halfway through the federal fraud trial against Theranos founder Elizabeth Holmes, the prosecution continues to call witnesses Tuesday – including former investors in the failed blood-testing startup.
Before witness testimony began, prosecutors argued whether they could admit widely seen interviews with Holmes – including appearances on the Today Show and Mad Money after problems with her company were exposed by the Wall Street Journal in 2015.
Prosecutors were expected to call Lisa Peterson – a private equity manager for a company run by the DeVos family.
Holmes is facing 10 counts of fraud and two counts of conspiracy for allegedly defrauding patients and investors in her company.
Follow below for live updates about the trial from KTVU's Evan Sernoffsky who is reporting from the federal court in San Jose. (Mobile users click here to follow the blog if it does not display below.)