Daniel Edlin News Today

A former Theranos project manager testified in former executive Ramesh "Sunny" Balwani's criminal fraud trial Friday that Balwani was in charge of various aspects of the blood-testing startup, including its software development and clinical lab, and Balwani gave him Theranos' financial projections to share with investors.

A California federal judge presiding over Ramesh "Sunny" Balwani's criminal fraud trial refused Wednesday to exclude evidence that Theranos played up its deals with the U.S. military, which ultimately went nowhere, finding that the evidence is "inextricably entwined" with the overall alleged scheme.

One day after taking a hit, the defense team for Sunny Balwani may have notched a victory in court Wednesday. Scott Budman reports.

Elizabeth Holmes has been found guilty of defrauding investors as founder and CEO of Theranos. After four months of court proceedings and seven days of deliberations, the jury has reached a verdict that will have lasting implications in Silicon Valley and beyond. The former youngest and wealthiest female self-made billionaire was tried for two counts […]

Articles from the tag: Elizabeth Holmes

Jurors have heard from witnesses, including Ms. Holmes, in testimony that featured accusations of fraud and dramatic allegations of abuse.

The new guidance will cover 84 million workers, who will be required to be fully vaccinated or undergo weekly testing.

Former Theranos CEO Elizabeth Holmes (pictured left and top right) told the SEC in 2017 that was the companys decision maker. She previously claimed abuse by ex Sunny Balwani (inset)

As the fraud trial for the Theranos founder drags on, it's clear that defense has turned Judge Edward Davila's slow pace to their advantage.

The DeVos family met with Holmes and her ex-boyfriend Ramesh Sunny Balwani, while the couple were hand picking wealthy families to invest in their company, a court heard.