Former Theranos executive Ramesh Balwani is convicted of fraud
The jurors found Balwani guilty on all 12 counts of defrauding both Theranos investors and the patients.
Theranos trial
Elizabeth Holmes verdict: Former Theranos CEO is found guilty on 4 counts
Holmes, who was once seen as one of the most promising leaders in Silicon Valley, could spend up to 20 years in prison for defrauding investors of the blood-testing company.
Elizabeth Holmes grilled by prosecutors on witness stand in her criminal fraud trial
In a tense day of testimony, the former founder of Theranos tried to fight assertions from federal prosecutors that she deliberately deceived investors and misled patients.