“I feel like I got my vindication:” Theranos whistleblower Tyler Shultz reacts to Elizabeth Holmes’ conviction

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Tyler Shultz, one of many first individuals to name consideration to questionable practices on the blood-testing startup Theranos Inc., believes the jury received it proper when it convicted former Theranos CEO Elizabeth Holmes of 4 counts of fraud

Holmes was acquitted of 4 different expenses on Monday, and the jurors mentioned they had been deadlocked on the three remaining expenses. She may file an enchantment, however faces as much as 20 years in jail for every of the fraud counts.

“I am happy that she was found guilty of these crimes and I feel like I got my vindication from that, and I feel good about that,” Shultz informed “CBS Mornings.”  

By coming ahead in 2015 about what he noticed whereas working for Holmes and her accomplice, Sunny Balwani, Shultz risked so much, together with his relationship along with his grandfather, George Shultz, the previous secretary of state and a board member of Theranos. At one level, Tyler solely spoke to his grandfather utilizing attorneys.  

“That was extremely tough. This whole saga has taken a financial, emotional and social toll on my relationships. The toll it took on my grandfather’s relationship was probably the worst. It is tough to explain. I had a few very honest conversations with him,” Tyler mentioned. 

He mentioned the 2 finally did reconcile earlier than George Shultz died final yr. Despite by no means apologizing to him, Tyler mentioned his grandfather did lastly acknowledge that he was proper. 

“In one of my last conversations with him he told me a story about how he got Elizabeth invited during fleet week in San Francisco to go give a speech to United States Navy sailors. He said with tears in her eyes, she told the room about how she was so honored and humbled that her life’s work would be saving the lives of United States servicemen and women,” Tyler recalled. 

“He said he could not believe that anybody could get in front of these men and women who are willing to put their lives in front of our country and lie directly to their face as convincingly as she lied.” 

Tyler Shultz didn’t testify in the course of the trial however mentioned he would have if prosecutors had wanted him to. He mentioned if he did take the stand he would have gone into extra element about what he noticed throughout his time at Theranos. 

“I could have gone into detail about how the technology didn’t work and the various ways the technology didn’t work. I would have explained my conversations I had with my managers, with the vice president, with the CEO, the board members, with regulators, and with journalists. I had to talk to a lot of layers before anything really started happening. If I were on the stand, I would have probably gone through all of those layers,” mentioned Tyler.  

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