The mogul has said he blames himself 'for not asking a lot more questions' of the hoax blood-testing business.
In a ruling ordering restitution, U.S. District Judge Edward Davila found that investors’ losses are tied to Holmes’ fraud. “For each of these investors, the Court identified specific reliable evidence indicating that they were induced to invest in Theranos by Defendants’ misrepresentations as part of the fraud conspiracy,” he wrote.
Natalie Ravitz, chief of staff to Murdoch in 2014 to 2015 and manager of his personal investments, testified to the Securities and Exchange Commission that Holmes personally provided binders containing financial materials about Theranos to Murdoch.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Woman sues Giuliani, alleging sex coercion, says she’s owed $2MThe new court filing portrays Giuliani, 78, as a hard-drinking, Viagra-popping womanizer who made satisfying his sexual demands “an absolute requirement of her employment.” She is seeki…
Read more »
Blazers May Attempt To Renegotiate Protection On Pick Owed to BullsBlazers May Attempt To Renegotiate Protection On Pick Owed to Bulls - RealGM Wiretap
Read more »
Lachlan Murdoch On Fox News Dominion Settlement: “It Was the Right Decision”“How do we not get sued? It’s a great question. We could be CNN,” the Fox Corp. CEO told an investors conference after the rival news network held a chaotic town hall with former president Donald Trump.
Read more »
New program helped 223,000 poor Ohioans skip suspended driver’s license fees, report findsThe program – which started as a temporary pilot in 2018 before launching permanently in December 2020 – aims at the people who need to drive to work but can’t afford the onerous fees that can block them from getting their suspended license back.
Read more »
‘Karma Is a Bitch’: Roger Ailes’ Widow Goes Off on Fox News WoesEXCLUSIVE: “Karma is a bitch.” Elizabeth Ailes, widow of Fox News’ infamous creator and fallen CEO Roger Ailes, talked to Confider for a half-hour and absolutely railed against the Murdoch family and their handling of a post-Ailes Fox News.
Read more »
Ex-Audi chief Stadler pleads guilty in diesel emissions scandal caseRupert Stadler answered “yes” to a statement by his attorney that said he admitted wrongdoing and regret for his failure to keep rigged cars off the market even after the scandal was public knowledge.
Read more »