Bloomberg Law
Nov. 11, 2021, 5:33 PM

Pesky Theranos Investor Says Holmes Offered to Buy Him Out (1)

Joel Rosenblatt
Joel Rosenblatt
Bloomberg News

Elizabeth Holmes grew so irritated with a probing Theranos Inc. investor that she offered to pay him more than five times what he paid for his stake to go away, he testified.

Alan Eisenman, a former money manager and financial planner from Houston, told jurors at Holmes’s criminal trial that he tried in vain for years to get straight answers about the blood-testing startup, only to see it ultimately collapse in 2018 while he was still holding his stake of about $1.2 million.

Eisenman’s testimony that he was more “proactive” than other stakeholders stands in contrast to previous witnesses who ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.