The jury in former Theranos executive Ramesh “Sunny” Balwani reached a verdict on Thursday.
and former Senator Sam Nunn. At its peak, Theranos was valued at over $9 billion and Balwani's stake was worth $500 million.
"Mr. Balwani put his heart and soul into Theranos, he worked tirelessly year after year to make the company a success," Jeffrey Coopersmith, a defense attorney for Balwani said, and later added,"the government hasn't proved Mr. Balwani tried to deceive or cheat anybody." "They invested $100 million," Coopersmith said."You'd think they'd be bothered to come to testify, but we didn't hear from them." Lisa Peterson, the DeVos family wealth manager, testified in the trial on behalf of the family.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Contractor charged in bribery, bid rigging scheme against manufacturing company in Houston: DOJA 64-year-old man is expected to appear in court Tuesday on charges he participated in a fraud scheme for 12 years, U.S. Attorney Jennifer B. Lowery announced.
Weiterlesen »
Everything the Chrisleys Have Said About Todd and Julie’s Trial VerdictAfter Todd Chrisley and Julie Chrisley were found guilty of committing tax fraud in their $30 million lawsuit, they’ve been vocal about how they feel about the outcome.
Weiterlesen »
'I'm a Breathworker—This Is How I've Reclaimed My Rest' | Well+GoodJasmine Marie, the CEO & Founder of Black Girls Breathing, shares her tips on finding rest and making time for it.
Weiterlesen »
Hollywood Hills rapper boasted about profiting from a fraud scheme — now he’ll plead guilty to fraudRapper Nuke Bizzle agreed to plead guilty to mail fraud and unlawful possession of a gun and ammunition by a convicted felon.
Weiterlesen »
VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injectionNorthvolt's CEO and co-founder, Peter Carlsson is bullish about the future.
Weiterlesen »
Ex-’Cheer’ star Jerry Harris gets 12 years for child pornography, solicitation chargesA federal judge has sentenced Jerry Harris, a former star of the Netflix series “Cheer,” to 12 years in prison for coercing teenage boys to send him obscene photos and videos of themselves and soliciting sex from minors.
Weiterlesen »