Theranos jury reaches verdict in Sunny Balwani fraud trial

Six months ago, Elizabeth Holmes was convicted of defrauding investors in the company

Ramesh "Sunny" Balwani, right, the former lover and business partner of Theranos CEO Elizabeth Holmes, walks into federal court in San Jose, Calif., Friday, June 24, 2022, with his lawyers and family as his criminal trial moves toward its final phase. The case alleging he joined Holmes in a scam that defrauded investors and patients who were duped about the capabilities of Theranos' flawed blood-testing technology. At front left is attorney Jeffrey Coopersmith. (AP Photo/Michael Liedtke)

A California jury has reached a verdict in the criminal fraud trial of Ramesh “Sunny” Balwani, the former president of Theranos Inc. and ex-boyfriend of its founder Elizabeth Holmes, over his role in the collapse of the $9 billion blood-testing startup, according to a court spokesperson.

CEO of Theranos Elizabeth Holmes. File photo