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Jun 12, 2024 · An appeal was also entered in the San Francisco federal court on Tuesday for the startup's president, Ramesh "Sunny" Balwani, who is also Holmes's former partner. The pair were tried...
Federal prosecutors in 2018 charged Holmes and her former partner, Ramesh “Sunny” Balwani, with running a multimillion-dollar scheme to defraud investors, doctors and patients.
Jun 12, 2024 · Balwani, 58, contends federal prosecutors distorted evidence to bias the jury against him while weaving a different narrative than the story they presented during Holmes’ trial, which was completed shortly before Balwani’s trial began in March 2022.
Jun 13, 2024 · In December 2022, Balwani was sentenced to 12 years and 11 months in federal prison. In April 2023, Balwani began serving his term at FCI Terminal Island in San Pedro, Calif., per KTVU.
- Jessica Sager
Jun 14, 2024 · They alleged that the then-CEO and her partner, Ramesh “Sunny” Balwani, defrauded investors, doctors, and patients. Holmes stood trial, which resulted in a conviction in 2022. She received 11...
Jun 11, 2024 · Lawyers for Holmes and her former partner Sunny Balwani, who are both currently in prison for crimes they committed while running Palo Alto biotech startup Theranos, had just 15 minutes to...
Jun 12, 2024 · Lawyers for Theranos founder Elizabeth Holmes and company President Ramesh “Sunny” Balwani on Tuesday urged a federal appeals court to overturn their convictions for defrauding investors in the failed blood testing startup, which was once valued at $9 billion.
