Theranos and founder Elizabeth Holmes raised $700 million from mostly wealthy investors without ever having to provide financial statements audited by an independent public accounting firm.

SAN JOSE, CA – A federal judge on November 14 granted a three-week delay in the sentencing of Ramesh “Sunny” Balwani, the former lover and accomplice of disgraced Theranos CEO Elizabeth ...

Ramesh “Sunny” Balwani, the former business partner of Theranos founder Elizabeth Holmes, has been sentenced to nearly 13 years in prison after being convicted of wire fraud.

Holmes and ex-Theranos chief operating officer – Ramesh 'Sunny' Balwani – were accused of using adverts and meetings to encourage doctors and patients to use its proprietary analyser and ...

The sentencing for Ramesh “Sunny” Balwani, who was convicted in July of fraud and conspiracy, comes less than three weeks after Elizabeth Holmes, the company's founder and CEO, received more ...