/K [331 0 R 332 0 R 333 0 R 334 0 R 335 0 R 336 0 R 337 0 R 338 0 R 339 0 R 340 0 R /Lang (EN-US) 304 0 obj 2023 Cond Nast. /Pg 239 0 R endobj Overview Salary Revenue History Demographics Competitors CEO & Executives. /Pg 241 0 R /Kids [245 0 R 246 0 R 247 0 R 248 0 R 249 0 R] /Lang (EN-US) /Pg 235 0 R >> /S /P Legal Statement. << /K 185 0 R /K 2 /P 366 0 R >> /P 8 0 R /ModDate (D:20180314090210-07'00') 110 0 obj /Pg 258 0 R endobj 340 0 obj 231 0 obj /P 355 0 R /Type /MCR This is how Theranos's huge valuation was birthed and where a critical legal problem lies. 204 0 obj /P 381 0 R << null null 214 0 R null null] According to the indictment returned yesterday and unsealed today, the charges stem from allegations Holmes and Balwani engaged in a multi-million dollar scheme to defraud investors, and a separate scheme to defraud doctors and patients. /P 8 0 R /P 310 0 R Holmes, at one point the nations youngest self-made female billionaire, and her former chief operating officer Ramesh Balwani, were indicted by federal prosecutors in June 2018 and charged with two counts conspiracy to commit wire fraud and nine counts of wire fraud each. << /P 8 0 R /Type /Pages << /MediaBox [0 0 612 792] << << /S /LBody >> << 398 0 obj 4 [null null 131 0 R null null null 132 0 R null null null << endobj << >> /Lang (EN-US) << /Lang (EN-US) /S /LBody >> The Trial of Theranos's Elizabeth Holmes Opens >> /Creator (Acrobat PDFMaker 18 for Word) /P 294 0 R >> /P 55 0 R Understanding the Theranos Scandal: 'I Make All the Decisions Here.' /K 22 /MediaBox [0 0 612 792] /S /LI /K 9 endobj /S /P << /Lang (EN-US) << /K 22 /P 278 0 R endobj /A 259 0 R << /Lang (EN-US) 371 0 obj /P 59 0 R >> /Pg 242 0 R /Resources 428 0 R << /K 9 /Pg 249 0 R /MCID 2 endobj /K 144 0 R /P 50 0 R endobj /K 14 /P 40 0 R endobj PDF 510(k) SUBSTANTIAL EQUIVALENCE DETERMINATION - Food and Drug Administration When Yam was working with an analytics firm to price stock options, she asked Holmes for some key financial forecasts, including projected revenue, because the CEO had the best information. During that process, Yam had emailed Holmes asking her how much revenue she was anticipating. 345 0 obj endobj /Rotate 0 /Lang (EN-US) 159 0 R null null null 160 0 R null null null 161 0 R null /PageLayout /OneColumn >> 286 0 R 287 0 R 288 0 R 289 0 R 290 0 R 291 0 R 292 0 R 293 0 R 294 0 R 295 0 R /S /LBody 315 0 obj /P 8 0 R Attorneys Jeff Schenk, Robert S. Leach, and John C. Bostic are prosecuting the case with the assistance of Laurie Worthen and Bridget Kilkenny. /S /LBody 136 0 obj /P 42 0 R << 240 0 obj /S /LI << 282 0 obj /K 123 0 R /Lang (EN-US) 55 0 obj /P 50 0 R << endobj "Sunny Balwani did not start Theranos," said the lawyer . /K [24 387 0 R] 341 0 obj >> /P 271 0 R /P 326 0 R endobj /P 55 0 R /S /LI >> /K 30 . << 86 0 obj endobj . The startup was founded in Feb. 2014, was headquartered in Palo Alto, Calif., according to Bloomberg. >> endobj 119 0 obj /K 208 0 R >> /K 9 /P 343 0 R 196 0 obj 2. The Company's clinical laboratory offers comprehensive laboratory tests. Theranos's mission statement is "Our mission is to make actionable information accessible to everyone at the time it matters". /StructParents 16 Yam said she had never seen the document before, nor did she know where those numbers had come from. endobj Theranos Was Losing Hundreds Of Millions As Elizabeth Holmes Talked Up 109 0 obj Theranos gambit may have extended over time precisely because all four biases played a role in the making of a dream that was never fully tested against the constraints of reality. << /MediaBox [0 0 612 792] /K 206 0 R endobj 87 0 obj /Lang (EN-US) /S /LI /Pg 242 0 R Consider Elizabeth Holmes obsession with producing as small a micro-Lab as possible or with using just a few drops of blood in order to conduct the myriad of tests Theranos promised. /S /LBody /S /LI /Pg 257 0 R << /Parent 14 0 R A March 17 hearing is scheduled on her request to stay out of prison during her appeal. << /S /LBody /Resources 468 0 R Nov 16, 2021, 6:17 PM PST. /Pg 237 0 R /S /LI >> 43 0 obj /K 18 343 0 obj /S /LI /K 214 0 R Just 12 tests were performed on Edison devices, and the Edison analyzer could only run one type of test for one patient at a given time, she said. Theranos representeda potential disruptor to costly and quasi-monopolistic healthcare players that would help people get the right cure at the right time. /P 33 0 R endobj << /Rotate 0 374 0 obj /Type /MCR /P 290 0 R /K 163 0 R >> Based in Palo Alto, CA, Theranos is a small health care company with only 100 employees and an annual revenue of $55.3M. /Pg 258 0 R 217 0 R null null null 218 0 R null null null 219 0 R null /K 34 /Pg 256 0 R << endobj /Lang (EN-US) 155 0 obj << /P 48 0 R << /MediaBox [0 0 612 792] After asking questions about Theranos continued losses and lack of revenue, prosecutors showed Yam a document they said was shared with investors; it projected $140 million in revenue in 2014 and $990 million in 2015. >> endobj /S /LBody >> /S /LBody 16 [null null 199 0 R null null null 200 0 R null null null /S /Span Holmes faces up to 20 years in prison. 49 0 obj /S /LI /P 51 0 R endobj 163 0 obj In reality, Theranos couldn't perform more than 12 tests on its Edison devices, former lab . /Count 24 endobj endobj /S /P /Rotate 0 Further, the indictment alleges that based on the defendants misrepresentations and omissions, many hundreds of patients paid, or caused their medical insurance companies to pay, Theranos, or Walgreens acting on behalf of Theranos, for blood tests and test results, sometimes following referrals from their defrauded doctors. /Lang (EN-US) 165 0 obj >> /K 6 /K 12 133 0 obj /Pg 236 0 R << /S /LBody /S /LI /Pg 249 0 R /S /LI >> The defendants also represented that the analyzer could produce results that were more accurate and reliable than those yielded by conventional methodsall at a faster speed than previously possible. endobj /P 8 0 R It became evident that audited financial statements hadn't been prepared since 2009. In the age of corporate purpose, the mission statement serves as a reminder of why an organization exists. /P 8 0 R /P 303 0 R 383 0 obj The engrossing optimism that this may have generated in its founder, Elizabeth Holmes, and other champions of the companys vision is understandable. It's unclear . /K 203 0 R endobj /Pg 257 0 R /P 23 0 R /Parent 12 0 R << endobj /S /LBody << /P 371 0 R /Lang (EN-US) /Pg 235 0 R /P 55 0 R /Lang (EN-US) >> /MediaBox [0 0 612 792] /Endnote /Note Several months later, with encouragement from her professor, Channing Robertson, Holmes quit Stanford. << << /S /LI 351 0 obj << >> << For example, the defendants represented to investors that Theranos conducted its patients tests using Theranos-manufactured analyzers; when, in truth, Holmes and Balwani knew that Theranos purchased and used for patient testing third party, commercially-available analyzers. /P 51 0 R As years went by, whenever employees or experts raised warnings . 129 0 obj /K 20 Best Mission Statements: 12 Examples You Need to See - Fond Best Companies to Work for in Palo Alto, CA, Best Start-up Companies to Work For in America, Best Health Care Companies to Work For in California, Best Start-up Companies to Work For in California, Best Companies to Work For in Palo Alto, CA, Best Health Care Companies to Work For in Palo Alto, CA, Best Start-up Companies to Work For in Palo Alto, CA. /K [268 0 R 269 0 R 270 0 R 271 0 R 272 0 R] /K 7 /K 390 0 R /P 305 0 R 296 0 R 297 0 R 298 0 R 299 0 R 300 0 R 301 0 R 302 0 R 303 0 R] /K [30 396 0 R] >> Mirage Or Vision? Four Blind Spots At The Core Of Theranos - Forbes 22 0 obj Theranos stood as the next big breakthrough innovator in the healthcare industry offering an affirming achievement of the value of human ingenuity. >> << /ParentTree 9 0 R /S /LBody /P 40 0 R /CropBox [0 0 612 792] /Lang (EN-US) The parable of Elizabeth Holmes and her company, Theranos, is not an unfamiliar one. The site is secure. /S /P << Learn about working at Theranos from employee reviews and detailed data on culture, salaries, demographics, management, financial, and more. endobj /S /P such statements undermine confidence . 380 0 obj /Lang (EN-US) >> endobj /Lang (EN-US) << /S /LI endobj << << /P 50 0 R Theranos' mission was "to make actionable health information accessible to people everywhere in the world, at the time they most need it." It was a lofty, inspiring, and valiantly unifying purpose, . /P 8 0 R << 259 0 obj << The Associated Press contributed to this report. << /Pg 235 0 R >> /P 380 0 R >> 19 [null null 215 0 R null null null 216 0 R null null null >> Connor Radnovich/The Chronicle. The collaborative investigative work on this case conducted by Postal Inspectors, our law enforcement partners, and the United States Attorneys Office illustrates our efforts to protect both consumers and investors., The Indictment Alleges That Doctors And Patients Were Defrauded. /P 54 0 R /K 2 >> 91 0 obj /Lang (EN-US) /S /LI >> /Pg 247 0 R /Pg 235 0 R Brian Grossman had 20 years of experience in the healthcare space but his firm, PFM Health Sciences, invested $96 . /S /LI >> >> >> endobj /K 37 12 [null null null 172 0 R null null null null 173 0 R null /S /LI /MediaBox [0 0 612 792] >> /K 24 >> /P 8 0 R In 2013, things had "started to get a bit tight," Yam said. /P 367 0 R /Lang (EN-US) << endobj << << uuid:f59fd1a5-0a21-408a-99c1-079770aebbbd /S /P endobj >> /S /LI 56 0 obj In court documents, federal prosecutors have said Holmes is a flight risk. << /S /LBody 198 0 obj endobj << /S /LBody >> /K 154 0 R Early on, experts inside and outside of the company questioned the technology. /S /LI /P 316 0 R >> /Lang (EN-US) /K 8 257 0 obj endobj null null 220 0 R null null null 221 0 R null null] /S /LI endobj Doctors began using Theranos testing devices to diagnose patients and dispense medical advice. /P 324 0 R << (Photo by Brad Barket/Invision/AP). << Mirage or Vision? Four Blind Spots at the Core of Theranos' Failure 1349, and nine counts of wire fraud, in violation of 18 U.S.C. 120 0 obj 2018-03-14T08:41:27-07:00 /Pg 244 0 R /Pg 235 0 R Kraft Heinz Mission and Vision Statement Analysis /BBox [79.9440002441 274.9559936523 453.9599914551 398.8439941406] /Resources 456 0 R << << /K 205 0 R >> 135 0 obj /K 6 Hot Startup Theranos Has Struggled With Its Blood-Test Technology /Pg 253 0 R endobj The mission statement of Theranos is stated as, "To make actionable information accessible to everyone at the time that it matters". >> 20 0 obj /P 63 0 R 57 0 obj The defendants knew Theranos was not capable of consistently producing accurate and reliable results for certain blood tests, including the tests for calcium, chloride, potassium, bicarbonate, HIV, Hba1C, hCG, and sodium. endobj /Parent 12 0 R endobj endobj 249 0 obj endobj endobj /Pg 240 0 R /Contents [429 0 R 430 0 R 431 0 R] 93 0 R] /P 54 0 R >> << << endobj /Annots [] >> /P 48 0 R /K 2 /Pg 235 0 R /Parent 14 0 R endobj Elizabeth Holmes verdict: researchers share lessons for science - Nature endobj It then allegedly used those articles to generate financial interest. To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives. >> /Pg 249 0 R endobj << << endobj Mark Zuckerberg's Facebook mission statements hide his real aim 312 0 obj /P 381 0 R /Pg 235 0 R >> >> /Lang (EN-US) 75 0 obj << /Contents [493 0 R 494 0 R 495 0 R] >> endobj >> Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20) and Ars Technica Addendum (effective 8/21/2018). Elizabeth Holmes speaks during a Bloomberg, Television interview at the Vanity Fair 2015 New Establishment Summit in San Francisco, on Oct. 6, 2015. endobj /K 22 >> /Annots [] /K 5 /P 3 0 R /Lang (EN-US) 339 0 obj /Parent 11 0 R << A mission that reads more like a fact sheet than something that explains a company's reason for existing won't be effective. /P 48 0 R FAQ - New Privacy Policy. 51 0 obj endobj /MediaBox [0 0 612 792] >> /Pg 253 0 R << /Type /Page /S /LI 220 0 obj endobj /Kids [235 0 R 236 0 R 237 0 R 238 0 R 239 0 R] null 24 0 R 25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R /S /LBody /P 50 0 R << /Pg 251 0 R >> << endobj >> The employees at Morgan Stanley earn an average yearly salary of $103,933 per year, and the salaries at National Journal average $73,533 per year. >> endobj endobj << >> /S /LI /Pg 235 0 R /P 268 0 R /Pg 242 0 R /S /LI /Pg 252 0 R >> Forbes has since . Elizabeth Holmes finishes testifying in Theranos trial - The Washington >> /S /L /Resources 452 0 R 2 [null null 119 0 R null null null 120 0 R null null 41 0 R /S /LI The FDA would like to extend our thanks to our federal law enforcement partners for sending a strong message to Theranos executives and others that these types of actions will not be tolerated, said Catherine A. Hermsen, Acting Director, FDA Office of Criminal Investigations. >> /K 133 0 R Elizabeth Holmes finished testifying in wire fraud trial. 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R 93 0 R] /K 194 0 R 8 [null null 152 0 R null null null 153 0 R null null null /P 8 0 R 54 0 obj /K 12 << /Contents [497 0 R 498 0 R 499 0 R] /S /L >> /S /P >> endobj << /Lang (EN-US) /P 275 0 R /Lang (EN-US) /P 44 0 R /K [26 397 0 R] Carreyous account of Safeways engagement with Theranos is powerful. /Lang (EN-US) Theranos gambit may have extended over time precisely because all four biases played a role in the making of a dream that was never fully tested against the constraints of reality. /K 6 /Pg 256 0 R /Pg 235 0 R endobj /Pg 246 0 R endobj >> << /Rotate 0 318 0 obj >> /K 172 0 R << >> /S /LBody /K 28 << How to run amok with $900M of VC funding << >> >> endobj 164 0 obj 266 0 obj 300 0 obj << /Type /Page June 15, 2018: Theranos Founder and Former Chief Operating Officer 58 0 obj endobj Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. >> << >> Holmes was found guilty on four felony fraud counts associated with a loss to victims of at least $120 million. Theranos competitors include TED, Bloomberg, HuffPost, National Journal, Washington Plaza Hot, Morgan Stanley, Newsweek. >> stream THERANOS FOUNDER ELIZABETH HOLMES IN COURT; ANATOMY OF A FRAUD. >> endobj /Pg 253 0 R /Lang (EN-US) << /K 6 >> 203 0 obj /S /P by Elizabeth Holmes. << Holmes said in the recent court filing, she had planned to attend a wedding of close friends in Mexico and theticket was canceled immediately when the governmentraised the issue. endobj /P 55 0 R /K 11 The .gov means its official.Federal government websites often end in .gov or .mil. /K [14 389 0 R] Total losses surpassed $800 million, prosecutors said. endobj /Pg 235 0 R /P 296 0 R endobj endobj /Pg 256 0 R /P 8 0 R 186 0 obj >> /Lang (EN-US) -mission statement: to make actionable information accessible to everyone at the time it matters. /Tabs /S >> /Lang (EN-US) 78 0 obj /K 10 She already settled with the Securities and Exchange Commission (SEC) for a $500,000 penalty and 10-year ban on serving as an officer or director of a public company. /MediaBox [0 0 612 792] endobj << >> /Lang (EN-US) /Lang (EN-US) Here are three culture takeaways from the Theranos scandal that are relevant to all leaders and employees. /P 353 0 R /S /LBody /P 393 0 R "That's a crime . /K 6 137 0 obj /P 63 0 R Cultivating a boundless vision until the very end completely untethered from the status quo, rules, requirements and the demands of the here and now Holmes and Theranos were on a special kind of journey. 88 0 obj /Rotate 0 The startup entrepreneurial spirit is selling a vision of a fictional product - a product that does not yet exist. /P 350 0 R Pay at Theranos is significantly lower than some of its highest paying competitors, like. /Lang (EN-US) /P 260 0 R Theranos' mission: a blood test requiring only a pinprick of blood, enough to run dozens of medical tests on the startup's hi-tech machines. endobj >> 107 0 obj >> /P 8 0 R /S /LI /K 22 /Length 10 0 R 212 0 obj /Type /Page /S /LI << >> /Annots [] /Lang (EN-US) /Resources 432 0 R << /S /P << 319 0 obj << >> /S /LBody /S /LBody /K 8 /P 346 0 R /S /LI /Lang (EN-US) 7 [null null 147 0 R null null null 148 0 R null null null /Annots [] << /S /P >> /K 22 /Lang (EN-US) << 71 0 obj /O /Layout /ParentTreeNextKey 24 >> John Carreyrou writes the story of a gifted 19-year-old who founded a health . /Pg 251 0 R Elizabeth Holmes' fate in jurors' hands after fiery closing arguments /Lang (EN-US) endobj << /P 51 0 R /P 8 0 R /CropBox [0 0 612 792] Its unclear whether Theranos rise and fall will turn out to be a dazzling mirage of would-be business greatness, one of the most infamous stories of corporate fraud in the 21st century, or, an ironic reminder of the inescapable weakness of biased decision-making. 322 0 obj endobj 388 0 obj >> /S /L /K 126 0 R Palo Alto, United States August 18, 2016: Elizabeth Holmes accepts The Entrepreneur award at, the 25th Annual Glamour Women of the Year Awards on Nov. 9, 2015, in New York. << /P 55 0 R << /P 51 0 R endobj /K 204 0 R endobj There are at least four biases that can let a belief about a desired future state shape reality despite its disconnectedness from reality. /Lang (EN-US) << /S /P /Tabs /S /S /P Heinz and Kraft Foods. /Resources 500 0 R null 49 0 R null null 157 0 R null null] /MarkInfo 2 0 R /K 7 /Lang (EN-US) << /K 9 /Lang (EN-US) endobj endobj endobj /P 48 0 R 85 0 obj /K 10 endobj endobj /S /LI 226 0 obj /Lang (EN-US) All rights reserved. >> 268 0 obj /P 314 0 R endobj endobj endobj Since this form of unethical behavior may lack the pangs of guilt and/or shame that generally provide people with a certain amount of self-restraint and hesitation, it can be difficult for others to suspect any bad conduct. 123 0 obj 255 0 obj endobj 1 193 0 obj << Elizabeth Holmes wants to delay her prison sentence after giving birth Theranos founder Elizabeth Holmes charged with massive fraud - CNNMoney << 260 0 obj /K 6 >> /K 219 0 R endobj null 110 0 R null null null 111 0 R null 112 0 R null 113 0 R /K 5 /Pg 238 0 R /Pg 257 0 R << U.S. Attorneys Office >> /P 364 0 R << /P 380 0 R 115 0 obj endobj /K 207 0 R /S /LBody /S /LBody 14 [null null 186 0 R null null null 187 0 R null null null Theranos Mission Statement - YouTube /Lang (EN-US) >> /P 8 0 R /P 380 0 R >> /Lang (EN-US) 306 0 obj /K 14 << /P 354 0 R 55 0 R 56 0 R 57 0 R 58 0 R 59 0 R 60 0 R 61 0 R 62 0 R 63 0 R 64 0 R /S /LI << /S /LBody /Pg 255 0 R 384 0 obj 3. The prosecution is the result of an investigation by the FDA Office of Criminal Investigations, the FBI, and the US Postal Inspection Service. >> >> /StructParents 22 endobj 291 0 obj /K 6 During the trial Holmes accused her ex-boyfriend and business partner, Ramesh "Sunny" Balwani, of emotional and sexual abuse at the time of the alleged crimes, impairing her mental state. << /Pg 250 0 R << endobj /MediaBox [0 0 612 792] /K 190 0 R /K 183 0 R Further, defendants allegedly represented to investors that Theranos had a profitable and revenue-generating business relationship with the United States Department of Defense and that Theranoss technology had deployed to the battlefield when, in truth, Theranos had limited revenue from military contracts and its technology was not deployed in the battlefield. /Pg 243 0 R 288 0 obj /Pg 235 0 R /Parent 14 0 R /S /P /K 10 /P 54 0 R << /Pg 257 0 R endobj 358 0 obj << /P 48 0 R endobj /P 50 0 R Market data provided byFactset. /S /LI << /Pg 250 0 R << 21 0 obj /P 48 0 R /Pg 257 0 R 296 0 obj /K 3 null null 131 0 R null null] 15 0 obj Theranos's mission statement is "To facilitate the early detection and prevention of disease and empower people everywhere to live their best possible lives.". /CropBox [0 0 612 792] /P 344 0 R >> >> /Pg 245 0 R /S /LBody >> /MCID 2 << 25 0 obj /Artifact /P %PDF-1.5 >> /Tabs /S /Rotate 0 Northern District of California, FOR IMMEDIATE RELEASEFriday,June 15, 2018, Elizabeth Holmes and Ramesh Sunny Balwani Are Alleged to Have Perpetrated Multi-million Dollar Schemes to Defraud Investors, Doctors, and Patients. endobj /K 182 0 R /Pg 235 0 R /S /LBody 179 0 obj >> Founded in 2003, Theranos is an established company that loves to hire graduates from Pima Medical Institute, with 15.9% of its employees having attended Pima Medical Institute. /Lang (EN-US) 84 0 obj << Creating something new is about breaking the status quo. /K 166 0 R /K 160 0 R 50 0 obj Follow Mike Snider on Twitter:@mikesnider. /Lang (EN-US) << /K [354 0 R 355 0 R 356 0 R 357 0 R 358 0 R 359 0 R 360 0 R 361 0 R 362 0 R 363 0 R /S /LI /Pg 248 0 R The data presented on this page does not represent the view of Theranos and its employees or that of Zippia. /K [262 0 R 263 0 R 264 0 R 265 0 R 266 0 R 267 0 R] /K 4 92 0 obj /P 267 0 R endobj /K 150 0 R >> /P 8 0 R >> /P 336 0 R endobj 1. /S /LI /StructParents 2 Elizabeth Holmes - Crime Museum << /Pg 247 0 R >> The request for Holmes toremain free pending an appeal, filed Feb. 23 with the U.S. District Court for the Northern District of California, did not say when Holmes had her second baby. /P 51 0 R 210 0 obj >> endobj /Type /Page /K 162 0 R /S /LI /Pg 258 0 R /P 48 0 R /K 18 /P 171 0 R /S /P /K 156 0 R Theranos is a private health care and life sciences company with the stated mission to revolutionize medical laboratory testing through allegedly innovative methods for drawing blood, testing blood, and interpreting the resulting patient data. /Annots [] /K 6 /Pg 248 0 R endobj This material may not be published, broadcast, rewritten, or redistributed. 357 0 obj ] /P 55 0 R /P 351 0 R 191 0 obj /S /P /Tabs /S Theranos Mission Statement - Zippia endobj /Lang (EN-US) << << /Pg 235 0 R << /Lang (EN-US) /S /P /Parent 14 0 R /K 6 << /S /LBody endobj Theranosonce valued at approximately $10 billionis no more. /S /P /K 117 0 R Theranos founder and CEO Elizabeth Holmes speaks at the Fortune Global Forum in San Francisco, California, on Monday, Nov. 2, 2015. /K 275 0 R /K 120 0 R 67 0 obj /S /LBody /Pg 256 0 R The national average salary for a Theranos employee in the United States is $44,094 per year. /Type /Page While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. /Pg 238 0 R The fact that key stakeholders at Safeway remained upbeat despite the arrogant and secretive behaviors of Theranos executives and the lack of any real hard proof associated with many of the claims Theranos was making is extremely revealing. endobj /S /LBody /StructParents 1 << 217 0 obj << /K 26 /MediaBox [0 0 612 792] endobj << 17 0 obj << /Pg 258 0 R /CropBox [0 0 612 792] In November 2022, Holmes was sentenced to 135 months in prison for defrauding investors in the failed Silicon . Elizabeth Holmes, the former CEO of Theranos convicted of defrauding investors, is seeking to delay the start of her 11-year prison sentence because she has "two very young children" to be with. /MCID 2 They are also attracted by the fact that behind the innovation and entrepreneurship are rules of law that require honesty, fair play, and transparency. << /Contents [433 0 R 434 0 R 435 0 R] /K 9 /P 55 0 R /Lang (EN-US) /P 360 0 R /DropCap /Figure