Elizabeth Holmes Found Guilty on 4 of 11 Charges in Fraud Trial

Jan. 4, 2022 — A federal jury convicted Elizabeth Holmes, the founder of the blood testing startup Theranos, on four of 11 charges of fraud on Monday, according to The Wall Street Journal. During the 15-week trial, Holmes testified in her defense and showed regret for missteps. She said she never intended to mislead anyone … Read more

Purdue to Plead Guilty to Opioid-Related Crimes

Purdue Pharma, maker of the opioid painkiller OxyContin linked to the opioid epidemic, will plead guilty to three federal crimes as part of a settlement of more than $8 billion, the Associated Press reported Wednesday. The company will plead guilty to three counts, including conspiracy to defraud the United States and violating federal anti-kickback … Read more