Elizabeth Holmes Unexpectedly Takes the Stand to Defend Herself in Theranos TrialThe disgraced CEO of the now-defunct Theranos will continue her testimony on Monday.

By克洛伊Arrojado

Justin Sullivan | Getty Images

Since the beginning of September, the high-profile trial of Elizabeth Holmes has been taking place. Prosecutors have been using testimonies from lawyers and investors, all in an effort to build a case against the CEO of now-defunct Theranos.

On Friday,Elizabeth Holmes unexpectedly took the standto defend herself after the prosecution rested its case.

"For the defense, this is an opportunity for the jury to meet the 'real' Elizabeth Holmes," law professor Miriam Baertold CNN. "If Holmes paints herself as a 'big ideas' innovator who happened to be unaware of the company's failures or misstatements, she can help her case — or at least sow doubt among several jurors," said Baer. "And she can also help her case marginally if she appears more sympathetic or likeable than the person portrayed by the government's witnesses."

Related:The Career Rise and Fall of Theranos Founder Elizabeth Holmes

Holmestestified for about an hourand is set to resume her testimony on Monday. The court is also going to be in session Tuesday before breaking for the holiday. There are disadvantages to taking the stand, as Holmes is now subject to a cross-examinationthat is expected to be "really, really rigorous."However, now the 37-year-old has the opportunity to give her narrative.

And the defense needs all of the opportunities it can get.Holmes has been charged with nine counts of wire fraud two counts to commit wire fraud.She faces up to 20 years in prison. However, she has pleaded not guilty.

A calendar on Judge Edward Davila's websitehas the trial scheduled through December 17.

Related:Former Theranos CEO Elizabeth Holmes Plans to Accuse Her Ex-Boyfriend of Abuse

Wavy Line
克洛伊Arrojado

Entrepreneur Staff

Editorial Assistant

Editor's Pick

Related Topics

Business News

什么是'Lazy Girl Job'? New TikTok Trend Empowers Women to Work However They Want

The trend began as a way for women to find more free time during their days.

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Growing a Business

3 Solutions That Help Alleviate Everyday Pressures Small Business Owners Face

We live in a world with increasing pressures from stakeholders, constantly changing customer expectations and volatile financial conditions — which for many, especially business owners — can make it hard to create clear distinctions between professional and personal emotions.

Starting a Business

10 Common Obstacles to Avoid When Starting a Business

Starting a new business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. Here are some common obstacles to avoid when starting a new business.