The disgraced former founder and CEO of Theranos faces decades in prison.
There are also reports that Elizabeth Holmes, as part of her defense, may argue ex-boyfriend and former Theranos President Sunny Balwani abused her during their relationship.
The hot issues are related to compliance, EU MDR and recalls.
The disgraced former CEO once oozed total confidence about her company and product, and in latest released footage says “I don’t know” more than 600 times during a 2017 deposition.
The Wall Street Journal reports that the scandal-ridden company will dissolve after failing to sell itself, and investors will lose nearly $1 billion.
The disgraced company founder Holmes and its former President Sunny Balwani have been charged with raising more than $700 million from investors in a massive fraud scheme.
The settlement is one of a few that the company has made within the past several months.
The company is eliminating 155 positions.
Agency sanctions include a monetary penalty and revocation of the lab’s CLIA certificate.
In a Today Show interview, Elizabeth Holmes voices responsibility felt as a result of company problems.