The Dropout

Closing Arguments

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Dec 21, 2021
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ANECDOTE

Deceptive Lab Presentation

  • Prosecutor Shank presented a recorded conversation between Elizabeth Holmes and journalist Roger Parloff.
  • Holmes falsely claimed Parloff had already seen the Phoenix lab when he observed Theranos devices, while the actual lab used third-party devices.
INSIGHT

Pattern of False Statements

  • Prosecutor Shank highlighted Elizabeth Holmes's repeated false statements about Theranos's pharmaceutical contracts and DoD relationships.
  • He emphasized that these statements were not merely aspirational, but presented as accomplished facts.
ANECDOTE

Evasive Responses to Criticism

  • Prosecutor Shank played a clip where journalist Roger Parloff questioned Elizabeth Holmes about Theranos's continued use of venipuncture.
  • Holmes evaded the question, attributing it to managing test volume instead of admitting technological limitations.
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