- Theranos’ founder and former CEO, Elizabeth Holmes, is pregnant, says her lawyer.
- Holmes hopes to give birth in July and is asking to postpone the trial until the end of August.
- The Federal Public Ministry also requested a postponement due to the pregnancy.
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Theranos founder and ex-CEO Elizabeth Holmes is pregnant, according to new court documents.
Holmes hopes to give birth in July and is requesting a postponement of his federal trial, according to newly filed court documents. Holmes’ lawyers and the prosecution asked for the trial to be postponed. If approved, she will be tried on several federal charges of fraud as of August 31.
Holmes is accused of defrauding the company’s investors by millions of dollars after promising a new type of blood test. This test was designed to perform a multitude of blood tests, capable of detecting everything from
high cholesterol
to cancer, with a simple pinprick.
The company raised more than $ 700 million from investors with the promise of such a test. In August 2015, the FDA began investigating Theranos and found “major inaccuracies” in its tests.
Holmes, alongside former Theranos president Sunny Balwani, was charged with nine counts of electronic fraud and two counts of conspiracy to commit electronic fraud by the U.S. Department of Justice in 2018. She subsequently resigned as CEO.
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