Holmes and Balwani’s Convictions Upheld by US Court
A US court has upheld the convictions of Theranos founder Elizabeth Holmes and President Ramesh “Sunny” Balwani on charges of defrauding investors in the failed blood testing startup. The three-judge panel rejected claims of legal errors during their separate trials held in 2022. Both Holmes and Balwani were sentenced to prison terms of nearly 11 … Read more