ToplineFormer Theranos CEO Elizabeth Holmes’ legal team may argue she suffers from a mental condition during her criminal trial, according to a court filing released late Wednesday, offering a look into a new line of defense for the disgraced founder’s highly-anticipated fraud trial. Former Theranos founder and CEO Elizabeth Holmes arrives at the Robert F. Peckham U.S. Federal Court ... [+] on June 28, 2019 in San Jose, California. Former Theranos CEO Elizabeth Holmes and former COO Ramesh Balwani appeared in federal court for a status hearing. The publicly released filing redacts any mention detailing specifics about Holmes’ mental state and what exactly her defense intends to argue. The company’s promise earned Holmes magazine covers, a $9 billion valuation and board members such as former Secretary of State Henry Kissinger and former Defense Secretary James Mattis.

Source: Forbes September 10, 2020 19:01 UTC