On Monday, January 3, 2022, Elizabeth Holmes, the former CEO and founder of Theranos, was found guilty of defrauding investors. Holmes was convicted on four of eleven charges.
Articles Posted in US Courts
Elizabeth Holmes Testifies She Was the Victim of Sexual and Emotional Abuse
Former CEO and Theranos found Elizabeth Holmes testified this week that she was the victim of sexual and emotional abuse from her former romantic and business partner, Ramesh "Sunny" Balwani.
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Criminal Law, US Courts
Maryland Couple Pleads Not Guilty to Espionage-Related Charges
A Maryland couple pleaded not guilty on Wednesday to espionage-related charges. The FBI asserts that the couple sold classified Navy data over the course of several months to an undercover agent they believed to be a representative of a foreign power.
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Criminal Law, US Courts
Federal Judge Temporarily Blocks Enforcement of Texas Abortion Law
On Wednesday, a U.S. judge temporarily blocked enforcement of a recent Texas law that bans most abortions. The law, known as S.B. 8, allows private citizens to sue anyone who provides an abortion or aids and abets or intends to aid and abet an abortion.
Texas Social Media Law Challenged in Federal Court
Two internet trade organizations have challenged a Texas law regulating social media companies’ ability to remove users from their platforms. The law, House Bill 20, was signed by Governor Greg Abbott earlier this month.
The Trial of Elizabeth Holmes Begins
Opening statements in the fraud trial of Elizabeth Holmes, former CEO and founder of Theranos, began on September 8. Holmes is accused of intentionally misrepresenting Theranos’ blood-testing technology and the company’s business performance.
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Criminal Law, US Courts
Netflix Faces Defamation Lawsuit Over Central Park Five Series
Central Park Five prosecutor Linda Fairstein may sue Netflix for defamation over its portrayal of her in its 2019 series about the case.
Nikola Founder and Former CEO Charged in Securities Fraud Scheme
The founder and former CEO of Nikola Corporation, a Tesla competitor, was charged in a securities fraud scheme in the Southern District of New York on Thursday. Trevor Milton is accused of defrauding and misleading investors about the development of his company’s products and technologies in order to drive investor demand.
Lawsuit Challenges Texas’ Newest Abortion Ban
Abortion rights activists and providers filed a federal lawsuit on Tuesday, challenging Texas Senate Bill 8. S.B. 8 bans abortion in Texas after approximately six weeks of pregnancy and allows private citizens to sue any abortion provider or individual who violates the law.
Employment Discrimination Case Against Hewlett Packard Advances in California Federal Court
Former employees of HP are alleging that the tech giant intentionally sought to target older workers for replacement by younger employees, violating federal and state age discrimination laws.
