In Week 2 of Elizabeth Holmes' fraud trial, witnesses said Theranos cherry-picked data, lost hundreds of millions, and lied about revenue projections.
Prosecutors have released texts between Theranos founder Elizabeth Holmes and former COO and President Ramesh "Sunny" Balwani, whom she dated.
The fans wore one of Holmes' signature looks, a plain black suit, and had messy, blonde hair, much like Holmes during the Theranos' days.
Elizabeth Holmes was once lauded as "the next Steve Jobs" for founding the blood-testing startup Theranos. Now she's on trial for fraud.
Newly released court documents outline how Holmes plans to direct alleged wrongdoings to Ramesh Balwani, who she said exercised control over her.
Elizabeth Holmes’ lawyers have asked a federal judge to throw out the US government’s case against the Theranos founder. The US indicted Holmes in 2018 for 11 counts of wire fraud and conspiracy to commit wire fraud through Theranos, which claimed to be able to conduct a medical blood test […]
Theranos founder Elizabeth Holmes and Sunny Balwani, the company’s former president, were charged with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. The charges stem from allegations that the two engaged in a scheme to defraud investors and a separate scam to defraud doctors […]
Former Theranos president Sunny Balwani has been charged with fraud by both the SEC and the DOJ. Balwani’s lawyer, Jeffrey Coopersmith, told Business Insider that this is an “odd case,” because Balwani had not benefitted financially from his work at Theranos and did not defraud anyone. “I don’t have any […]
Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani have been charged with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. The charges stem from allegations that the two engaged in a scheme to defraud investors and a separate scheme to defraud doctors […]
Theranos’ founder, Elizabeth Holmes, is stepping down as CEO as she faces criminal charges. The Department of Justice on Friday charged Holmes and Sunny Balwani, Theranos’ former president, with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Holmes founded the blood-testing company in 2003 […]
Throughout the saga of Theranos, the now-shuttered blood testing company that came under fire in 2015 over the accuracy of its blood tests, one of the company’s key executives stayed away from the spotlight. Wall Street Journal investigative reporter and author of “Bad Blood” John Carreyrou found that Theranos president […]