The case is seen as a test. Does corporate fraud in tech end with a slap on the wrist, or prison time?
Theranos founder Elizabeth Holmes was found guilty of defrauding investors 10 months ago.Holmes, 38, claimed the start-up could diagnose hundreds of diseases with just a few drops of blood. That wasn't true.
The judge has a big decision to make. Silicon Valley executives will be watching with interest. Founders rarely end up getting convicted of fraud. The trial was separated after Holmes claimed Balwani had been controlling - and even accused him of sexual assault. Balwani has vehemently denied the accusations.
But when questioned in a hastily put-together hearing, Mr Rosendorff told the judge he stood by his original testimony.Since her conviction, the last months appear to have been filled with family fun - with Holmes embracing her freedom. The defence has even submitted a school Q&A - in which a young Holmes says she always tries "to do right".
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Theranos scandal: Who is Elizabeth Holmes and why was she on trial?The former boss of blood testing company Theranos was found guilty of fraud in January and will be sentenced on Friday.
Læs mere »
Theranos founder Elizabeth Holmes to be sentenced for fraud\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Læs mere »
Elizabeth Holmes: How Theranos founder went from billionaire darling of Silicon Valley to the brink of prisonElizabeth Holmes became America's youngest ever self-made female billionaire after taking Silicon Valley by storm through her company, Theranos. She claimed its technology would revolutionise health care - but a stunning expose saw it come crashing down as quickly as it had risen.
Læs mere »
Tech Layoffs Are Hurting Workers Far Beyond Silicon ValleyThe impact of Silicon Valley's firing spree is already being felt as far away as Kenya and Nepal
Læs mere »
Lives of those who died building the Severn Valley Railway to be honouredThe memory of those who died building a vital railway link are set to be honoured.
Læs mere »
Elizabeth Debicki actually auditioned for The Crown in Season 2The actor reveals several hidden details behind her performance as Princess Diana.
Læs mere »