Elizabeth Holmes Prosecutors Say Texts Show Theranos Beset With Problems
- Prosecutors say texts show doubts about company’s technology
- Criminal trial for Theranos founder is set to begin in March
Elizabeth Holmes at federal court in San Jose, California, on Oct. 2, 2019.
Photographer: Michael Short/BloombergThis article is for subscribers only.
U.S. prosecutors say texts between Theranos Inc. founder Elizabeth Holmes and the former president of the company show they harbored deep doubts about its core technology even as they promised a revolutionary breakthrough in blood testing.
Ahead of a criminal trial set for March, the government is seeking a judge’s permission to present jurors with a trove of texts, iMessages and Skype exchanges between Holmes and her one-time lover, Theranos President Ramesh “Sunny”’ Balwani, who are accused of perpetrating a massive fraud on investors and patients.