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Disgraced Tech CEO plans unusual legal strategy




(News)

Elizabeth Holmes is being prosecuted for criminal fraud next year, and Bloomberg reports that her attorney team is working on an unexpected legal strategy. Looking for reporter John Carreyrou, whose investigative articles in the Wall Street Journal (19459007) led to the dissolution of Holmes Blood Therapy Company Theranos. Holmes wants to argue that Carreyrou not only reported on Theranos, but also urged sources to file formal complaints against the company and influence the regulatory process so that agencies' focus on the company is distorted and may seem biased by agency findings on the other hand ", so a court application of Bloombergs Josh Rosenblatt.

In essence, the legal team says that Carreyrou became part of the story he reported, prompting regulators to get more control over the business than they would otherwise. The Journal however, stands for Carreyrous reporting. In the meantime, a formal federal prosecutor, Bloomberg, said the strategy could be dismissed as irrelevant in court ̵

1; because it's about Theranos – allegedly false biotech allegations, not Carreyrou. The process is scheduled to start in July 2020. Holmes and former Theranos CEO Ramesh "Sunny" Balwani are facing up to 20 years imprisonment and a $ 2 million fine, according to Journal . They may also have to pay compensation to those who have invested in the company. (Further stories by Elizabeth Holmes.)

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