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Former Theranos COO Balwani Found Guilty on All Counts in Fraud Case

By
Erin Woo
· · Source: The Information

A federal jury found Ramesh “Sunny” Balwani, the former Theranos chief operating officer, guilty on all 12 counts of defrauding investors and patients in the failed blood testing startup. The verdict capped the two-decade saga of Theranos, one of Silicon Valley’s hottest startups before it collapsed after a Wall Street Journal investigation in 2015 found that Theranos’s supposedly innovative...

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