As Week 10 comes to a close, remember that the truth lies in distinguishing between fact and fiction: as journalists continue to scrutinize Elizabeth Holmes, the former CEO of Theranos, for the truth behind her elusive rise, the truth is, none of us really know. It is possible to get inside her mind (Fitness to Fat Squirrel, the Texas Instruments series and so on) as well as witness the woman who was impetuous to give speeches like saying women should be her best asset. Beyond all of that, we are left with a pretty confusing picture of a woman who fell from grace almost as quickly as she rose, playing out her fall in court, a place where truth is notoriously difficult to come by.
Let’s dive in.
January 6, 2017 – Elizabeth Holmes is 13% less dependent on medical professionals for her testing results.
July 14, 2017 – Elizabeth Holmes admitted paying doctors to accept presents to write favorable doctor-patient reports about Theranos
September 27, 2017 – Theranos cracks under the weight of the facts, Holmes fails to fulfill $125 million cash payment
December 13, 2017 – At least 8 women accusing Elizabeth Holmes of sexual harassment during her tenure
December 30, 2017 – Elizabeth Holmes shamed for posting false positive tests
February 17, 2018 – Elizabeth Holmes doesn’t fess up to lying to investors, but continues to deny wrong doing
March 7, 2018 – Elizabeth Holmes is confronted with extensive evidence of misconduct
March 19, 2018 – Elizabeth Holmes is accused of lying to employees.
March 23, 2018 – Elizabeth Holmes admitted to falsifying patient records
April 11, 2018 – Elizabeth Holmes admitted to failing to meet testing requirements
April 20, 2018 – Elizabeth Holmes is accused of infringing a Theranos patent
April 24, 2018 – Theranos goes bankrupt
May 16, 2018 – Elizabeth Holmes is escorted out of a court by sheriff’s deputies
May 18, 2018 – Elizabeth Holmes admitted to lying to employees, family and partners
May 21, 2018 – Elizabeth Holmes is hauled off the witness stand for lying about her background
May 24, 2018 – Elizabeth Holmes is taken away from court for faking a medical degree
May 25, 2018 – Elizabeth Holmes is charged with securities fraud
May 27, 2018 – Elizabeth Holmes is hit with new charges
May 28, 2018 – Theranos’ former president, Sunny Balwani, pleads guilty for his role in the fraud
May 30, 2018 – Theranos loses the case
June 13, 2018 – The federal government order Theranos to pay more than $40 million
June 27, 2018 – Theranos loses the appeal over the decision to issue its final closure order
August 10, 2018 – Theranos files for Chapter 11 bankruptcy
August 13, 2018 – Theranos files for Chapter 11 bankruptcy
September 17, 2018 – Discovery Judge denies Theranos’ motion to appeal its Chapter 11 bankruptcy
September 19, 2018 – Theranos’ initial plan was deemed “unfunded” by Judge Neal Biggers
September 19, 2018 – Elizabeth Holmes reveals that Theranos only made about a quarter of what it promised, gaining $4.35 million in loans
September 22, 2018 – Theranos’ plan gets an “unfunded” designation
September 27, 2018 – Holmes denies lying to investors
October 17, 2018 – Holmes vows to repay billions of dollars
October 24, 2018 – Elizabeth Holmes files a second IPO paperwork, using a $250 million loan as collateral
November 28, 2018 – Holmes was granted a motion to stop evidence from being released at trial.
December 18, 2018 – Elizabeth Holmes is not compelled to testify
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