Trials

Michael Avenatti requesting new trial in Nike case

Disgraced former attorney Michael Avenatti is requesting a new trial after he was convicted last year of trying to extort up to $25 million from NIke by threatening to go public with corruption allegations and cause billions of dollars in valuation losses.

Elizabeth Holmes claps back against serious allegations about Theranos

For the first time in her criminal-fraud trial, Elizabeth Holmes on Tuesday took aim at the most serious allegations made against her by prosecutors, offering a narrative of herself as a well-intentioned if inexperienced entrepreneur who had some success in her effort to transform health care.

Theranos took shortcuts as blood-testing technology failed, prosecutors say

Over seven weeks in the criminal fraud trial of Elizabeth Holmes, prosecutors have shown that her startup Theranos Inc. took shortcuts when claims about its revolutionary blood-testing technology became scientifically unfeasible and that employees feared retaliation for raising concerns.