Theranos Archives - GroYourWealth.com

Theranos’s Ramesh ‘Sunny’ Balwani Found Guilty on All 12 Fraud Counts

Admin8 July 2022

SAN JOSE, Calif.—A federal jury convicted Ramesh “ Sunny” Balwani, the former top lieutenant to Theranos Inc. founder Elizabeth Holmes, on all 12 charges that he helped perpetuate a yearslong...

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Theranos Ex-President Ramesh ‘Sunny’ Balwani’s Fraud Case Goes to Jury

Admin25 June 2022

The fate of Ramesh “Sunny” Balwani is now in the hands of a dozen jurors after a federal judge on Friday handed them the criminal-fraud case with instructions to decide...

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Lawyers Make Final Arguments in Fraud Case Against Former Theranos President

Admin22 June 2022

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 the Silicon Valley case...

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Former Theranos President’s Defense Rests in Criminal-Fraud Trial

Admin10 June 2022

SAN JOSE, Calif.—Lawyers for Ramesh “Sunny” Balwani called their second and final witness and rested their brief defense of the onetime Theranos Inc. executive charged with a dozen counts of...

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Prosecution Rests in Trial of Former Theranos President Ramesh ‘Sunny’ Balwani

Admin21 May 2022

Prosecutors on Friday rested their case against Ramesh “Sunny” Balwani—the top deputy and confidant to Theranos Inc. founder Elizabeth Holmes —as the government seeks another fraud conviction against the leaders...

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Jurors in Elizabeth Holmes criminal trial are handed case and begin deliberations as arguments conclude

Admin18 December 2021

Theranos founder Elizabeth Holmes arrives to attend her fraud trial at federal court in San Jose, California, December 17, 2021.Peter DaSilva | ReutersSAN JOSE, Calif. — The 12 jurors who...

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Elizabeth Holmes admits she gave journalist incorrect info for Theranos cover story

Admin8 December 2021

SAN JOSE, CALIF. – Theranos founder Elizabeth Holmes admitted on Tuesday that she gave a journalist inaccurate information for a lengthy profile that she used to woo investors.With cross-examination wrapping...

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Elizabeth Holmes admits she went to Rupert Murdoch to try and kill WSJ Theranos story

Admin1 December 2021

Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, U.S., on Tuesday, Nov. 30, 2021.David Paul Morris | Bloomberg | Getty ImagesSAN JOSE, CALIF. —...

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Hedge fund investor tells jurors in Holmes trial that Theranos lied about finger-prick tech and military use

Admin17 November 2021

Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, on Tuesday, Aug. 31, 2021.David Paul Morris | Bloomberg | Getty ImagesSAN JOSE, CALIF. -- A hedge...

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Elizabeth Holmes said she was the ‘ultimate decision maker’ at Theranos in 2017 deposition as her defense team argues the opposite in criminal trial

Admin4 November 2021

If Elizabeth Holmes testifies in her own criminal trial, videotaped depositions may be a clue of how she'll fare on the stand.Twelve days after she was indicted on fraud charges,...