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Elizabeth Holmes admits she gave journalist incorrect info for Theranos cover story

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Elizabeth Holmes returned to the stand on Tuesday for more questions from prosecutors in her criminal fraud trial.

Holmes admit that she gave journalist Roger Parloff inaccurate information for his 2014 Fortune article.Theranos founder and former CEO Elizabeth Holmes and her partner Billy Evans arrive for Elizabeth Holmes's trial at the Robert F. Peckham Federal Building on December 07, 2021 in San Jose, California.SAN JOSE, CALIF. – Theranos founder Elizabeth Holmes admitted on Tuesday that she gave a journalist inaccurate information for a lengthy profile that she used to woo investors.

Prosecutors allege Holmes used the Fortune article to entice investors, including it in presentations and binders. But on the stand, Holmes acknowledged that the Theranos device was never deployed in the battlefield.

 

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Putting her on the stand was absolutely idiotic by her lawyers.

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