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Balwani was found guilty on all counts, [6] and was sentenced to 12 years and 11 months, plus three years of probation and surrendered on April 20, 2023. [7] [8] Holmes and Balwani were further ordered to pay $452 million to the victims of the fraud, with responsibility for the payment shared between them. [9]
At his sentencing, Ramesh “Sunny” Balwani was ordered to report to federal custody at 2:00 p.m. on March 15 Former Theranos COO denied request to stay free during appeal [Video] Skip to main ...
On March 9, Davila denied Balwani’s district court request to remain out of custody pending appeal. In his appeal to the Ninth Circuit, Balwani argues that his jury trial was unfair for multiple ...
Where is former Theranos president/COO Ramesh 'Sunny' Balwani now? What happened to him, and what to know about his conviction, 13-year sentence, and jail time.
The fate of Ramesh "Sunny" Balwani, once a high-flying Silicon Valley executive, is now in the hands of a jury, pushing the infamous biotech startup Theranos' story closer to a finale.
After Gibbons's death, lawyers for Theranos threatened his widow — and Elizabeth Holmes (pictured) and her partner Sunny Balwani texted about filing a lawsuit against her. [13] [61] [62] Attorneys representing Theranos sent Rochelle Gibbons a letter saying legal action against her would ensue if she spoke to a journalist about the company.
Ramesh "Sunny" Balwani, former president and chief operating officer (COO) of Theranos and ex-boyfriend of founder Elizabeth Holmes, leaves after the opening day of his federal trial for wire ...
Balwani’s trial began in California in March 2022 and ended on July 7 with a guilty verdict. The disgraced executive faced two counts of conspiracy to commit wire fraud, as well as nine counts ...