Theranos founder Elizabeth Holmes took the stand on Friday to defend herself against charges of defrauding investors and patients about the now-defunct blood-testing startup once valued at $9 billion.
Holmes, 37, is accused of making false claims about Theranos, including that its technology could run a range of diagnostic tests more quickly and accurately than conventional laboratory testing with a drop of blood from a finger prick.
Lucas "began a very comprehensive diligence process," including asking for Theranos' financial information, Holmes added. A major risk is that prosecutors can cross examine them, in an effort to expose possible inconsistencies or lies in their testimony.Over the course of the two-month trial, jurors in San Jose, California, have heard testimony from more than two dozen prosecution witnesses, including patients and investors whom prosecutors say Holmes deceived.
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