Theranos Former President Ramesh ‘Sunny’ Balwani Found Guilty on All 12 Fraud Counts
SAN JOSE, Calif.—A federal jury convicted Ramesh “
Sunny” Balwani,
the former top lieutenant to Theranos Inc. founder…
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Lawyers Make Final Arguments in Fraud Case Against Former Theranos President
Government prosecutors in the criminal-fraud trial of Theranos Inc.’s former second-in-command, Ramesh “Sunny” Balwani, made their final pitch to the jury in closing arguments Tuesday, as…
Businesses Seek to Soften SEC Cyber Rules
Companies including
Chevron Corp.
,
Quest Diagnostics Inc.
and Ernst & Young LLP are pushing to narrow proposed cybersecurity…
Theranos Executive Sunny Balwani’s Criminal-Fraud Trial Delayed Amid Covid-19 Exposure
SAN JOSE, Calif.—The criminal-fraud trial of former Theranos Inc. executive
Ramesh “Sunny” Balwani
was delayed Wednesday when a federal judge sent a packed…
Theranos Founder Elizabeth Holmes Likely Faces September Sentencing
Prosecutors have proposed a mid-September sentencing date for Theranos Inc. founder
Elizabeth Holmes
and said they don’t plan to pursue…
Elizabeth Holmes’s Mixed Verdict Could Handicap an Appeal, Lawyers Say
Elizabeth Holmes’s
conviction on four counts of fraud for intentionally deceiving Theranos Inc. investors is far from the end of the startup founder’s legal…
Jury in Elizabeth Holmes Trial Seized on Two ‘Smoking Guns’ to Convict Theranos Founder, Juror Says
SAN JOSE, Calif.—In their second week of deliberations, jurors in the trial of Elizabeth Holmes seized on what one juror described as two “smoking guns” that sealed the fate of the Theranos…
Despite Theranos and Other Disasters, Startup Founders Have More Power Than Ever
The verdict in the criminal trial of
Elizabeth Holmes
completes a chapter in the tangled tale of Theranos. Meanwhile, the power that founders wield over…
With Elizabeth Holmes’s Conviction, Venture Capitalists Distance Themselves From Theranos
In their case against
Elizabeth Holmes,
prosecutors convinced the jury that the Theranos Inc. founder’s behavior leading the startup before it collapsed went…
In Elizabeth Holmes Trial, U.S. Gave Patients a Small Stage
Prosecutors proved that Theranos Inc. founder
Elizabeth Holmes
defrauded big-name investors about the capabilities of her blood-testing startup. But their…