Theranos Ex-CEO’s Defense Signals She’ll Be Cast as Victim (1)

First, Elizabeth Holmes blamed overzealous journalism for her plight. Now, the founder of Theranos Inc. is exploring whether she can beat fraud charges by asking jurors to delve into her psychological state.

With Holmes facing years in prison, her lawyers have told prosecutors they may tell jurors about a “mental disease or defect” or some “other mental condition,” and they’ve lined up a psychologist whose expertise is violence against women.

A description of what the psychologist would testify about is blacked out in a judge’s order issued last week. But law professors reading between the lines say it looks like ...