Eileen Lepera
Overview
Lepera bought TheranosTheranosTheranos was a blood-testing company founded in 2003 by Elizabeth Holmes and based in Palo Alto, California, which offered retail testing with Walgreens and was valued at up to $9 billion before regulatory sanctions and criminal charges over alleged fraud in its technology and financial claims led to its dissolution in 2018.Open the full entry shares through her employer, Don Lucas; her $100,000 investment was her largest.[1]
Contents4 sections
Key facts
Investment History
The retired executive assistant initially invested $150,000 and later withdrew $50,000 for other needs.[2]
2023No Criminal Restitution Award
Prosecutors sought $100,000 for Lepera. The court found that her victim statement did not show communications with Holmes or Balwani or exposure to publications containing their misrepresentations, leaving insufficient proof of direct causation. It declined restitution for that loss, without denying that she invested or lost money.[1]