Theranos Founder Elizabeth Holmes Seeks New Fraud Trial

Written by on September 7, 2022

Convicted Theranos founder Elizabeth Holmes on Monday asked for a new trial, saying a star prosecution witness showed up at her home saying he felt he had “done something wrong.”

Holmes is scheduled to be sentenced in October after a jury early this year found her guilty of defrauding investors in her blood-testing startup Theranos.

Holmes is a rare example of a tech exec being brought to book over a company flaming out, in a sector littered with the carcasses of money-losing businesses that once promised untold riches.

Her case shone a spotlight on the blurred line between the hustle that characterizes the industry and outright criminal dishonesty.

But attorneys for Holmes said that former Theranos lab manager Adam Rosendorff, who was part of the prosecution’s case, arrived unannounced at her California home in August looking disheveled and saying he needed to speak with her.


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