Bloomberg Law
Jan. 4, 2022, 3:53 AM

Holmes Conviction Bodes Badly for Ex-Theranos President at Trial

Joel Rosenblatt
Joel Rosenblatt
Bloomberg News

Elizabeth Holmes’s criminal conviction doesn’t bode well for her alleged co-conspirator and ex-boyfriend, former Theranos Inc. President Ramesh “Sunny” Balwani.

The guilty verdict for Holmes makes it “extremely unlikely Balwani will be acquitted” when he goes on trial in February on the same charges, said Chris Slobogin, a law professor at Vanderbilt University. “Their actions are too closely bound together to imagine any other result.”

Ramesh Balwani appears in federal court for a status hearing in San Jose, California in 2019.
Photographer: Kimberly White/Getty Images

The Theranos founder’s jolting, disturbing allegations that Balwani verbally and sexually abused her figured prominently in her testimony. While prosecutors are highly unlikely to bring up those claims, they almost certainly ...

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