Elizabeth Holmes Asks Court To Exclude Evidence

Discussion in 'Wall St. News' started by Nobert, Jun 3, 2021.

  1. Nobert

    Nobert

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    Former Theranos CEO Elizabeth Holmes is asking the federal judge overseeing her criminal fraud case to suppress evidence of customer complaints, test results, and findings from a 2016 regulatory agency report related to her now-defunct diagnostics startup because the company’s database containing its own test records was destroyed.

    On Wednesday, attorneys for the former Silicon Valley entrepreneur filed a motion requesting a hearing to resolve disagreement over the failed preservation of a Theranos database that contained the information concerning the company’s consumer blood tests.

    “Allowing the government to use customer complaints and testing results and the findings of the CMS Report as ‘evidence of the fraud’ after the government failed to gather and preserve the Laboratory Information System database would violate Ms. Holmes’ right to present a complete defense and to receive due process,” the filing states.

    While Holmes’ lawyers blame prosecutors for failing to gather and preserve the database, prosecutors blame Theranos for the destruction... <....>

    Source :

    https://finance.yahoo.com/news/eliz...vidence-of-customer-complaints-130706577.html
     
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  2. Pekelo

    Pekelo

    I wonder is she keeps the low voice during the trial?
     
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  3. Trader Curt

    Trader Curt

    How convenient!
     
  4. I think her voice will change when she finds out she's going to prison.
     
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  5. Pekelo

    Pekelo

    What is the line on that bet?
     
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  6. If I were an oddsmaker:

    Prison time -200
    No prison time +160

    O/U total time served: 1 year
     
  7. Pekelo

    Pekelo

    6 months in house arrest/ probation
     
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  8. She should just man up and do a Martha Stewart. I had tremendous respect for her after that.
     
  9. Pekelo

    Pekelo

    Not sure what you are talking about. She went to jail for lying to the Feds, not for insider trading. Also her company's stock actually went up while she was in jail.

    Yesterday I saw her in a cat litter ad. How fair the rich has fallen. Cat litter...