Theranos founder doubles down on effort to keep CEO lifestyle out of upcoming trial

Attorneys representing embattled Theranos founder Elizabeth Holmes have fired back again in an attempt to prevent prosecutors from detailing the one-time billionaire’s “wealth, spending, and lifestyle” as they try to prove a motive for her alleged fraud, court papers show.

The defense team’s late Tuesday filing is the latest back-and-forth over the matter, which was first introduced by Holmes’ attorneys in a November 2020 motion, and argues that the government is hoping to “invite a referendum on startup and corporate culture,” the document states. READ MORE