Skip to main content

Disgraced Theranos founder Elizabeth Holmes led company 'f*** you chants' about competitors and a Wall St Journal reporter who criticized her during meetings - but her lawyers say it was 'normal behavior'

Theranos founder Elizabeth Holmes led profane chants during company meetings that poked fun at her competitors and a Wall Street Journal reporter which her attorneys have classified as 'normal behavior'. 

The disgraced founder is currently awaiting trial on fraud charges for lying about the capabilities of her blood-testing product. 

She and the company's former president, Sunny Balwani, are due to go on trial in San Jose, California in March. She is denying the charges but faces 20 years in prison if convicted. 

In a pre-trial court filing on Wednesday, prosecutors said that she would often berate competitors by chanting about them during company meetings. 

They want to ask witnesses about the chants, specifically one against competing company Sonora Quest. 

Elizabeth Holmes pictured in July in court in San Jose, CaliforniaWSJ reporter John Carreyrou, who wrote a series of articles criticizing Holmes

Elizabeth Holmes pictured in July in court in San Jose, California . She is said to have led company chants against competitors and WSJ reporter John Carreyrou, who wrote a series of articles criticizing Holmes 

'Ms. Holmes and Mr. Balwani allegedly led employees in a chant of "F— you, Sonora Quest,"' the filing says.  

Another target of the chants was John Carreyrou, a Wall Street Journal reporter who had written a series of articles criticizing Holmes.  

Prosecutors claim that vilifying competitors adds to proof of the pair's guilt.

Holmes' attorneys are fighting it. They said it was 'normal behavior', and wrote in a response to the filing: ' 

'There would be nothing remarkable about Ms. Holmes expressing frustration to her colleagues about critical news coverage of her and their company.  

'That normal human reaction to adversity and negative publicity would not be evidence of consciousness of guilt. 

'If vilifying competitors, and chanting curse words about them, were a sign of a guilty conscience, every sports team in America would be guilty of something. 

Holmes claimed the Theranos technology could perform an array of complex blood tests in just minutes

Holmes claimed the Theranos technology could perform an array of complex blood tests in just minutes 

'Companies and corporate officials routinely vilify competitors to motivate employees. The conclusion the government draws from this normal (even if lamentable) behavior … is completely speculative,' her attorneys said. 

Holmes quickly made a name for herself in Silicon Valley by promising that her machines could perform an array of complicated blood tests using a sample of just a few drops of blood. 

She drew in investors and won an evaluation of around $10billion before holes started to appear in her business plan. 

The machines were nowhere near as capable as she claimed they were, according to prosecutors, and she knew it. 

She and Balwani were charged with fraud in June 2018.  

Popular posts from this blog

Study Abroad USA, College of Charleston, Popular Courses, Alumni

Thinking for Study Abroad USA. School of Charleston, the wonderful grounds is situated in the actual middle of a verifiable city - Charleston. Get snatched up by the wonderful and customary engineering, beautiful pathways, or look at the advanced steel and glass building which houses the School of Business. The grounds additionally gives students simple admittance to a few major tech organizations like Amazon's CreateSpace, Google, TwitPic, and so on. The school offers students nearby as well as off-grounds convenience going from completely outfitted home lobbies to memorable homes. It is prepared to offer different types of assistance and facilities like clubs, associations, sporting exercises, support administrations, etc. To put it plainly, the school grounds is rising with energy and there will never be a dull second for students at the College of Charleston. Concentrate on Abroad USA is improving and remunerating for your future. The energetic grounds likewise houses various

Best MBA Online Colleges in the USA

“Opportunities never open, instead we create them for us”. Beginning with this amazing saying, let’s unbox today’s knowledge. Love Business and marketing? Want to make a high-paid career in business administration? Well, if yes, then mate, we have got you something amazing to do!   We all imagine an effortless future with a cozy house and a laptop. Well, well! You can make this happen. Today, with this guide, we will be exploring some of the top-notch online MBA universities and institutes in the USA. Let’s get started! Why learn Online MBA from the USA? Access to More Options This online era has given a second chance to children who want to reflect on their careers while managing their hectic schedules. In this, the internet has played a very crucial in rejuvenating schools, institutes, and colleges to give the best education to students across the globe. Graduating with Less Debt Regular classes from high reputed institutes often charge heavy tuition fees. However onl

Sickening moment maskless 'Karen' COUGHS in the face of grocery store customer, then claims she doesn't have to wear a mask because she 'isn't sick'

A woman was captured on camera following a customer through a supermarket as she coughs on her after claiming she does not need a mask because she is not sick.  Video of the incident, which has garnered hundreds of thousands of views on Twitter alone, allegedly took place in a Su per Saver in Lincoln, Nebraska according to Twitter user @davenewworld_2. In it, an unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of the customer recording her. Scroll down for video An unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of a woman recording her A woman was captured on camera following a customer as she coughs on her in a supermarket without a mask on claiming she does not need one because she is not sick @chaiteabugz #karen #covid #karens #karensgonewild #karensalert #masks we were just wearing a mask at the store. ¿ o