The unethical decisions made by Holmes and Balwani affected many lives as people relied on the
results of the blood tests completed at Theranos (patient) patient’s heath at risk
Holmes and Balwani created the illusion that the company was successful in creating a new
technology.
they doctored/falsified test results and created misleading statements regarding the capabilities of
the company’s proprietary technology (investor)
ignore the fact that they were putting lives at risk to defraud investors
violated moral and ethical principles
Complex due diligence was unnecessary, as the company grew considerably due to hyped up
word-of-mouth alone, creating a bandwagon effect amongst investors. (Add on accounting
scam that leads to investor, but this is caused because of the lie (Kantian?)) This is because
the fraud started because of her action.
lead scientist at the company urged Holmes to withhold from pursuing clients till their
technology was safer, Holmes disregarded his advice and used her executive authority to