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Mysterious Theranos Executive's Lawyer Speaks About Upcoming Trial

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According to a report by Business Insider, the Department of Justice charged Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani with nine counts of wire fraud and two counts of conspiracy to commit wire fraud on Friday. While Holmes has become synonymous with the blood testing startup fiasco, while Balwani remained mostly behind the scenes leaving a nearly invisible digital footprint. On Friday, Balwani's lawyer, Jeffrey Coopersmith, said in a statement, "Mr. Balwani looks forward to trial because he did not defraud anyone, and it will be an honor to defend him vigorously." The DOJ alleges that Holmes and Balwani falsely claimed to possess technology that could run a full range of blood tests using a small amount of blood more accurately than traditional blood-testing methods.

Added on the 23/06/2018 11:18:27 - Copyright : Wochit

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