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Friday, January 21, 2022

How Long Will the Elizabeth Holmes Jury Deliberate?

The much awaited moment has arrived.

After nearly four months in court, the jury in the trial of former Silicon Valley superstar Elizabeth Holmes began deliberating on Monday. A group of eight men and four women will decide whether Holmes – whose blood testing company, Theranos, collapsed in the scandal – should plead guilty to 11 counts of fraud-related charges.

We do not know how long it will take for the jurors to reach their conclusions. The earliest the verdict can come is today: They are due to be reconvened at 8:30 a.m. in a federal courtroom in San Jose, with no court proceedings on Wednesday, but the jury will resume on Thursday if needed.

Juries must reach a unanimous decision, and failing to do so may result in a wrong decision. Some legal experts have said the lengthy deliberations suggest things may go in Holmes’s favour.

If convicted, Holmes faces up to 20 years in prison. Punishment will come later.

Since launching in late summer, Holmes’ trial has lasted for weeks longer than originally expected. (You can catch up on my colleagues’ stories on the opening statements, James Mattis’ testimony, the prosecution’s arguments, the defense’s case, and closing arguments.)

Arguably the most surprising moment of the trial came toward the end, when Holmes took a stand in his defense. For several days, he presented his version of Theranos’ downfall, saying that he believed the company’s technology worked and that it was controlled by his former business partner, Ramesh Balwani.

Holmes testified that Balwani, who was her longtime lover and was facing a separate trial the following year, controlled every aspect of her life. He also accused them of sexual abuse, which he has denied.

Holmes cried on the stand and his voice broke. She said she started trusting Balwani, who is about 20 years older than her, after she was raped by a student at Stanford.

Although it was difficult to read the expressions of jurors through their masks, the testimony woke up a sleepy courtroom, my colleagues told me.

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“The prosecution’s case is about presenting cold, hard facts,” said Erin Griffith, who is covering the trial. “Holmes’ testimony conveys emotion and narrative. It is certainly more memorable for jurors than a profit and loss statement or a statement of immunity test verification reports.”

A conviction for Holmes could send shock waves through Silicon Valley and scare executives into treading more lightly when pitching to investors. But it is possible that an acquittal has the same outcome.

Take Ellen Pao, another tech executive. Griffith reported that in 2015, Pao lost a discrimination lawsuit against venture capital firm Kleiner Perkins, but her case still brought long-standing gender issues to the surface and forced the firms to initiate change.

“Holmes’ lawsuit could have a similar effect, regardless of its outcome,” Griffith told me. “Or, start-ups can raise more and more money at a higher valuation with less progress to show than they have for the past year and a half.”

Only time will tell.

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Today’s travel tip comes from Kevin Werner:

“I recently cycled from Fisherman’s Wharf in San Francisco to Los Angeles, a great way to immerse yourself in the glory of the legendary coast worthy of California. Staying overnight in Ragged Point, the southern tip of Pfeiffer Big Sur State Park But, and a little north of Hearst Castle and San Simeon, the highlight of my trip was Ragged Point, remote, beautiful and extremely peaceful, with hiking trails and unparalleled views.”

Tell us about your favorite places to visit in California. Email your suggestions at [email protected] We will share more in upcoming editions of the newsletter.


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Will Jardel and James Wallington’s love story most likely begins in Los Angeles – during a television audition.

Jardell, an aspiring model, was competing to compete on the reality show “America’s Next Top Model” when she passed Wallington, a casting assistant, in a hallway at the Millennium Biltmore Hotel.

World Nation News Deskhttps://www.worldnationnews.com
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
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