The Elizabeth Holmes verdict means many things for many people. For Department of Justice leadership that recently laid out plans to strengthen their response to corporate crime, the outcome of the high-profile case is an arrow in the quiver for what might be a new age of white-collar enforcement.
A federal jury on Jan. 3 convicted Holmes on four of 11 charges regarding her role leading blood-testing company Theranos in one of the most notable fraud cases in recent memory. Holmes was found guilty on three counts of wire fraud and one count of conspiracy to commit wire fraud, cementing her fall from grace after once being considered “the next Steve Jobs.”
