The laminitis of the failed blood-testing start-up Theranos faces up to 20 years successful situation if convicted of fraud.
Dec. 21, 2021, 8:51 a.m. ET
The much-anticipated infinitesimal has arrived.
After astir 4 months successful court, the assemblage successful the proceedings of the erstwhile Silicon Valley superstar Elizabeth Holmes began deliberations connected Monday. The radical of 8 men and 4 women volition determine whether Holmes — whose blood-testing company, Theranos, collapsed successful scandal — should beryllium convicted of 11 counts of fraud-related charges.
We don’t cognize however agelong the jurors volition instrumentality to get astatine their conclusion. The soonest the verdict could travel is today: They are scheduled to reconvene successful a national courthouse successful San Jose astatine 8:30 a.m. There are nary tribunal proceedings connected Wednesday, but the assemblage would resume connected Thursday if needed.
The jurors indispensable scope a unanimous decision, and failing to bash truthful could effect successful a mistrial. Some ineligible experts person said that longer deliberations suggest things whitethorn spell Holmes’s way.
If convicted, Holmes faces up to 20 years successful prison. The sentencing would travel astatine a aboriginal date.
Since opening successful precocious summer, Holmes’s proceedings has dragged connected for weeks longer than primitively expected. (You tin drawback up with my colleagues’ stories connected opening statements, James Mattis’s testimony, the prosecution’s arguments, the defense’s case and closing arguments.)
Arguably the astir stunning infinitesimal of the proceedings came toward the end, erstwhile Holmes took the basal successful her ain defense. Over respective days, she presented her mentation of Theranos’s downfall, saying that she believed the company’s exertion worked and that she had been controlled by Ramesh Balwani, her erstwhile concern partner.
Balwani, who was besides her longtime fellow and faces a abstracted proceedings adjacent year, had controlled each facet of her life, Holmes testified. She besides accused him of intersexual abuse, which helium has denied.
On the stand, Holmes cried and her dependable broke. She said she had begun to trust connected Balwani, who is astir 20 years older than her, aft she had been raped portion a pupil astatine Stanford.
Though it was hard to work jurors’ expressions done their masks, the grounds awoke a sleepy courtroom, my colleagues told me.
“The prosecution’s lawsuit has been each astir presenting cold, hard facts,” said Erin Griffith, who has been covering the trial. “Holmes’s grounds introduced emotion and narrative. It is surely much memorable to jurors than the details of a nett and nonaccomplishment connection oregon an immunoassay validation report.”
A condemnation for Holmes could nonstop daze waves done Silicon Valley and scare executives into treading much lightly erstwhile pitching to investors. But it’s imaginable an acquittal could person the aforesaid result.
Take Ellen Pao, different tech executive. In 2015, Pao lost her favoritism lawsuit against the task superior steadfast Kleiner Perkins, but her lawsuit inactive brought longstanding sex issues to the aboveground and forced firms to commencement making changes, Griffith pointed out.
“The Holmes proceedings could person a akin effect, careless of its outcome,” Griffith told me. “Or, start-ups could support raising much and much wealth astatine higher valuations with little advancement to show, arsenic they person for the past twelvemonth and a half.”
Only clip volition tell.
The verdict connected the Holmes proceedings makeover.
How Holmes soured the media connected Silicon Valley.
The Holmes proceedings exposes investors’ carelessness.
The remainder of the news
Crime crackdown: Gov. Gavin Newsom wants to walk implicit $300 cardinal to combat the summation successful transgression crossed California, The Associated Press reports.
Abortion sanctuary: State lawmakers are preparing countermeasures to grow entree to abortion, focusing archetypal connected resurrecting a measure that would destruct costly co-pays, The Los Angeles Times reports.
State sues Walmart: California prosecutors accidental the retail elephantine has been illegally dumping hazardous discarded for years, The Associated Press reports.
Stormy week: Rain and snowfall volition impact the authorities done Sunday, The Associated Press reports.
Eve Babitz: The bard of Los Angeles, an enthusiastic writer of each things pleasurable, died astatine 78.
SpaceX: Since July, astatine slightest 132 employees astatine the company’s office person tested positive for the coronavirus.
Weather warning: Between Wednesday and Sunday, major storms are expected to deposit respective inches of snow successful Sequoia, Kings Canyon and Yosemite National Parks.
Yuba County students investigated: Eight precocious schoolers were photographed posing with swastikas and different hatred symbols, The Sacramento Bee reports.
Earthquake: A 6.2-magnitude earthquake struck disconnected the seashore adjacent Eureka successful Humboldt County connected Monday, The Associated Press reports.
Man arrested successful acold case: San Francisco constabulary officers arrested a antheral successful the sidesplitting of Marissa Rolf Harvey, who was strangled adjacent Golden Gate Park 43 years ago.
Where we’re traveling
Today’s question extremity comes from Kevin Werner:
“I precocious traveled from Fisherman’s Wharf successful San Francisco to Los Angeles by bicycle, a fantastic mode to immerse successful the majesty of California’s deservedly legendary coast. An overnight enactment successful Ragged Point, astatine the confederate extremity of Pfeiffer Big Sur State Park, and conscionable a spot northbound of Hearst Castle and San Simeon, was a item of my journey. Ragged Point is remote, beauteous and sublimely peaceful, boasting hiking trails and unparalleled scenery.”
Tell america astir your favourite places to sojourn successful California. Email your suggestions to CAtoday@nytimes.com. We’ll beryllium sharing much successful upcoming editions of the newsletter.
What we’re reading
And earlier you go, immoderate bully news
The emotion communicative of Will Jardell and James Wallington begins successful the astir Los Angeles of ways — during a tv audition.
Jardell, an aspiring model, was vying to vie connected the world amusement “America’s Next Top Model” erstwhile helium passed Wallington, a casting assistant, successful a hallway astatine the Millennium Biltmore Hotel.