Posts Tagged ‘theranos’

Holmes’ Former Partner Gets Nearly 13 Years in Theranos Case

SAN JOSE, Calif.—Former Theranos executive Ramesh “Sunny” Balwani was sentenced Wednesday to nearly 13 years in prison for his role in the company’s blood-testing hoax — a punishment slightly longer than that given to the CEO, who was his lover and accomplice in one of Silicon Valley’s biggest scandals. Balwani, 57, was convicted in July […]

Judge Refuses to Overturn Guilty Verdict of Disgraced Theranos CEO Elizabeth Holmes

A federal judge declined to overturn a jury’s guilty verdict against disgraced Theranos founder Elizabeth Holmes on Thursday, reports Associated Press.

Former Theranos CEO Elizabeth Holmes Duped the Establishment Elites with Rainbows and Unicorns

The fraud conviction of former Theranos CEO Elizabeth Holmes confirms that even the biggest names in establishment politics, tech and global business are not immune to falling for somebody who over-promises but ultimately under-delivers. Holmes was found guilty on Monday of duping investors into believing her company Theranos had developed a revolutionary medical device that […]

Theranos founder Elizabeth Holmes charged with $700m fraud

The founder of a US start-up that promised to revolutionise blood testing has agreed to settle charges that she raised over $700m (£500m) fraudulently. The Securities and Exchange Commission, a top US financial regulator, said Elizabeth Holmes and Theranos deceived investors about the firm’s technology. The agency also said the firm had […]

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes