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Ramesh "Sunny" Balwani, the former COO of failed blood testing startup Theranos and ex-boyfriend of founder Elizabeth Holmes, was found guilty of defrauding investors and patients.
Ramesh "Sunny" Balwani, the former COO of failed blood testing startup Theranos and ex-boyfriend of founder Elizabeth Holmes, was found guilty of defrauding investors and patients.
Jury deliberations stretched for four full days following a lengthy trial that got underway in March with opening statements.
The fate of hard-nosed technology executive Ramesh “Sunny” Balwani is now in the hands of a jury that will weigh criminal charges alleging he joined disgraced Theranos CEO Elizabeth Holmes, his former partner, in an elaborate fraud that jarred Silicon Valley. U.S. District Judge Edward Davila handed the case to the jury Friday afternoon after…
A California federal jury began deliberations Friday on the criminal fraud case against ex-Theranos executive Ramesh "Sunny" Balwani after federal prosecutors made their final argument urging jurors to "trust your eyes" and find Balwani deceived investors and influenced the company's younger and less experienced CEO, Elizabeth Holmes.