Tag Archives: Elizabeth Holmes

‘She needs to pay her debt’

Former Theranos CEO Elizabeth Holmes (L) arrives at federal court with her partner Billy Evans on October 17, 2022 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, Calif. — A star witness in the trial of former Theranos CEO Elizabeth Holmes doubled down on his testimony two …

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Theranos ex-COO Sunny Balwani found guilty after Holmes conviction

SAN JOSE, Calif. — In the latest chapter of the Theranos saga, Ramesh “Sunny” Balwani, the company’s former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty on all 12 criminal fraud charges. Balwani had no reaction as the verdict was read at the U.S. District Court …

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Theranos ex-COO Sunny Balwani found guilty six months after Holmes conviction

SAN JOSE, Calif. – In the final chapter of the Theranos saga, Ramesh “Sunny” Balwani, the company’s former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty of all 12 criminal fraud charges. Balwani had no reaction as the verdict was read at the U.S. District Court …

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Fraud trial against Elizabeth Holmes’ partner at Theranos nears end

SAN JOSE, Calif. — In a harshly worded closing argument, prosecutors on Tuesday said former Theranos COO Ramesh “Sunny” Balwani “wasn’t a victim, he was the perpetrator of fraud” in the company’s downfall, while his attorney blasted the government’s case calling it inconsistent. The closing statements capped a three-month-long trial …

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Theranos saga returns to courtroom as ex-COO Balwani set for trial

Sunny Balwani, former president and chief operating officer of Theranos Inc., leaves federal court in San Jose, California, Oct. 2, 2019. Michael Short | Bloomberg | Getty Images He was the man behind the lab curtain at blood-testing start-up Theranos. Now he takes center stage in his own criminal fraud …

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Verdict in case of Theranos founder Elizabeth Holmes has lessons for investors

Sometimes an investment is too good to be true. Take Elizabeth Holmes’ health-care start-up, for example. On Monday, the founder and former CEO of Theranos was found guilty of four charges in her criminal fraud trial. Nearly a decade ago, Holmes raised $945 million from high-profile investors including the family …

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