This course covers the government's allegations against Elizabeth Holmes, founder of Theranos. She began as a promising young student at Stanford U...
6/24/2022 2:30pm - 4:30pm | Online | CPA Crossings
CPE Categories: Ethics (2 CPE)
This course covers the government's allegations against Elizabeth Holmes, founder of Theranos. She began as a promising young student at Stanford University. Before completing her undergraduate studies, Ms. Holmes began pitching an idea to investors. Investors bought into the hype that innovative strategies at Theranos would revolutionize medical testing. Sophisticated groups overlooked their internal policies on due diligence. Instead, many investors relied upon representations by Elizabeth Holmes and her team at Theranos. Investors bought shares in Theranos at a valuation that exceeded $5 billion. The business news celebrated Elizabeth Holmes as one of the nation's youngest billionaires. When the market learned that the Theranos team had misrepresented corporate performance, the valuation of Theranos imploded. An investigation started, followed by a criminal indictment and a lengthy jury trial. Listen and learn from the Theranos case. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Presented by Compliance Mitigation
Instructor: Justin Paperny
Financial professionals want to improve judgment when assessing the veracity of others.
After attending this presentation you will be able to...
The major topics covered in this class include:
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