GUILTY CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges

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Dorothy Atkins@doratki
45m

A juror says she's followed the first trial on TV news, and recently watched a 60 minutes special on the case. She also researched the company b/c she was curious about the machine & that it didn't work. When asked if she can be fair to Balwani, "it may be an issue," she says.

Dorothy Atkins@doratki
38m

Some more jurors say they heard about the case from various news sources, NPR, CNN, NBC, Google news and an HBO doc. Another juror said she saw the trailer for The Dropout, but hasn't watched the show, and they all say they think they can be impartial.

Dorothy Atkins@doratki
33m

One juror learned about the case about a year ago from various news sources including CNN and a post on Reddit. He says he can be fair to both sides. "Those headlines are headlines. They might give you a little glimpse, but they aren't the whole story."

Dorothy Atkins@doratki
30m

One juror says she followed the Holmes trial closely and shared news articles on the trial with her friends and family. She says she doesn't think she can be unbiased.

Dorothy Atkins@doratki
26m

Another juror says proudly that he reads The Mercury News (s/o@ethanbaron)
every day, so he's heard about the case, but he thinks he can be an impartial juror. The judge notes he once worked as a paper boy delivering The Mercury News way back when.

Dorothy Atkins@doratki
20m

We're taking a break, but two jurors stayed to talk to the judge. A distressed juror says he reported for jury service because he didn't want to get arrested and go to jail, but he needs to pick his child up from school and there's no one else to do it.

Dorothy Atkins@doratki
19m

The judge excuses the juror for hardship, and assures him he will not be arrested. Judge Davila also thanks him for reporting for jury duty, and notes that he learned of an attorney who was summoned (presumably today) and didn't come to court to report for jury duty. (Ruh-roh.)

Dorothy Atkins@doratki
18m

Pro tip: If you are a practicing attorney and summoned to federal court for jury duty, ya better show up!
 
Dorothy Atkins@doratki
54m

Prosecutor Jeff Schenk asks the jury panel if anyone has an addiction to social media or the news and would have a hard time doing a news “blackout” during the course of the months-long trial. One juror who reads Reddit says he would have trouble giving it up.

Dorothy Atkins@doratki
39m

The juror also says he watched Erika Cheung's Ted Talk "a while back, several months" ago, but he didn't watch the whole Ted Talk.

Dorothy Atkins@doratki
35m

Two jurors said they’ve read about Tyler Schultz and his grandfather and his Theranos whistleblowing, but they think they can be unbiased.

Dorothy Atkins@doratki
31m

Eleven of the roughly 26 remaining jurors say they are aware of Balwani’s relationship with Holmes. And they all heard about it in the news all but one learned of it within the past few months. It’s unclear if they know about Holmes’ abuse claims.

Dorothy Atkins@doratki
17m

A juror who is a chiropractor says her background as a healthcare provider could color her judgment against Balwani. “It’s my lane, it’s what I do and I think it’s important to uphold that moral and ethical code and yes I do have a problem when people don’t do that.”
 
Dorothy Atkins@doratki
12m

Balwani's counsel wants to q jurors individually about their knowledge of Balwani's relationship with Holmes to determine if they know about her abuse claims. Prosecutor Jeff Schenk says it's unnecessary b/c they said they could be impartial regardless of what they've heard.

Dorothy Atkins@doratki
8m

The judge agrees to keep 10 jurors for additional q's about their knowledge of Holmes' abuse allegations.

Dorothy Atkins@doratki
6m

My counting was off. It was 8 jurors. They're in the courtroom and Balwani's counsel asks if any of them heard about any difficulty in their relationship. One raises their hand, including the avid dedicated The Mercury News reader (cc.@ethanbaron )
and a second.

Dorothy Atkins@doratki
6m

This whole process is awkward and seems inefficient. They're trying to ask the jurors if they know Holmes accused Balwani of abuse but they're asking q's around the abuse topic, and it just seems to confuse the jurors.

Dorothy Atkins@doratki
5m

Prosecutor asks jurors if they think they can be impartial and they say they can, so the judge lets all but two of the jurors go. The attorneys are now questioning the one juror individually in chambers about his knowledge. This should be held in open court. Where is my attorney?
 
Friday, March 11th:
*Motions Hearing (@ 9am PT) - CA – *Ramesh “Sunny” Balwani (53/now 56) (CFO & President of Theranos) indicted & charged (6/14/18) & arraigned (6/15/18) with 9 counts of wire fraud & 2 counts of conspiracy to commit wire fraud. Another count of wire fraud was added in 2020, bringing the total number of felony charges to 12. Plead not guilty. No bond. Faces a maximum sentence of 20 years in prison & a fine of $2.75 million, plus restitution, & $250K for each individual count of wire fraud & conspiracy. Plead Not guilty.
Defrauding investors out of $700 million in funding for their blood-testing startup Theranos.
Trial set to begin on 3/15/22. There will be 12 jurors & 6 alternates. Trial Court will be in session on Tuesdays, Wednesdays & Fridays (from 9-3), but the jury may be asked to come in on some Mondays & Thursdays as well. Trial dates so far: motions hearing on 3/11 & trial begins with opening statements on 3/15, 3/16, 3/18, 3/22, 3/23, 3/25, 3/29, 3/30, 4/1, 4/5, 4/6, 4/12, 4/13, 4/15, 4/19 & 4/20 so far.
Indictment & court info from 4/11/20 thru 3/8/22 & Jury selection (Day 1) 3/9/22 reference post #18 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
3/10/22 Jury Selection Day 2: Day 2 of jury selection began in Balwani's jury trial. Today was a new group of jurors for questioning on their familiarity with the case. A pool of roughly 35 prospective jurors are in the courtroom & have been sworn in. Judge Davila gave them a rundown of the conspiracy & fraud charges against Balwani, as well as the court's COVID safety protocols.
for more info see post #18 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
More questioning of potential jurors.
for more info see posts #21 to 24 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
Motions hearing on Friday, 3/11/22.
*Elizabeth A. Holmes (34/now 37) (CEO of Theranos) – Trial began on 9/8/21 & ended 1/3/22 with a verdict of guilty on 4 counts of 11. Next sentencing hearing on 9/26/22.
 
Dorothy Atkins@doratki
5h

Good morning! It's another day in San Jose and I'm here for a hearing on Sunny Balwani's request to exclude from trial evidence that Theranos pharma reports were altered (Holmes admitted she did it). ICYM, here's my coverage of that:

Holmes Admits Adding Pfizer Logo To Reports For Walgreens - Law360

Dorothy Atkins@doratki
5h

Yesterday a judge excused jurors from Sunny Balwani's trial who said they followed Holmes' trial closely, but refused to excuse others - including a woman who will be 31 weeks pregnant at the end of trial & a chiropractor who's critical of healthcare cos.

Media Exposure To Holmes Trial Narrows Balwani Jury Pool - Law360
 
Dorothy Atkins@doratki
4h

Judge Davila is on the bench. Balwani's counsel kicks off arguments noting that Holmes' jury found her admission about the logos "highly relevant in showing her intent," and there's not "an iota of evidence" showing Balwani knew the reports were altered to add the pharma logos.

Dorothy Atkins@doratki
4h

Balwani's counsel argues that when he was hired at Theranos in 2009, he got the same representations that investors received from Theranos that the tech had been "robustly validated" by pharma cos. He also says Balwani had "no contact" w/ pharma cos - only Holmes did.

Dorothy Atkins@doratki
4h

Balwani's counsel argues that the gov't knows Holmes admitted to altering the pharma reports and it would be 'patently unfair' to suggest during trial Balwani maybe he did it, when the gov’t knows that's not true. "The only ones who would be misled here would be the jury."

Dorothy Atkins@doratki
4h

Prosecutor Kelly Volkar argues that text messages show Balwani and Holmes were constantly in communication talking about the business, and he loaned the co $10M when he joined "his gf's co" as COO, b/c he knew it was struggling. He also sent the altered reports to investors.

Dorothy Atkins@doratki
4h

Prosecutor argues that the court and the gov't are "not bound to believe the truth of [Holmes'] testimony" that she altered the docs, "even thought she said, 'I did it.'" Holmes also said everything she did at the company was influenced by Balwani, the atty says.

Dorothy Atkins@doratki
3h

Balwani's counsel says the gov't is relying on a narrow stream of texts b/w Balwani & Holmes, but "Balwani had simply never saw never possessed unaltered version" of most pharma reports. He also calls the gov't's argument about not being bound by Holmes' testimony "strange."

Dorothy Atkins@doratki
3h

Balwani's atty says he's "perfectly fine" w/ the jury seeing the reports and the gov't arguing investors were duped re the validity. But he wants evidence of doctored documents excluded. He suggests the court redacts the pharma logos on the reports (lol ie. doctoring the docs!)

Dorothy Atkins@doratki
3h

Balwani's counsel says sure, the court isn't bound to believe Holmes testimony, but "let's not kid ourselves." During Holmes' trial, prosecutors touted Holmes' admission. "We know Mr. Schenk was ready to shout it from the rooftop. They loved that evidence." (This is true.)

Dorothy Atkins@doratki
3h

The judge didn't rule from the bench. Moving on, they brought in 6 jurors from the first day of jury selection to ask them if they know about Elizabeth Holmes' abuse claims against Sunny Balwani. Once again, I expect this process will be awkward.

Dorothy Atkins@doratki
3h

The six jurors are back. Balwani's counsel asks them if they have any doubt they can be impartial to Balwani in light of what they've heard in the news. Two raised their hands. Three others indicated that they've heard about turmoil in Balwani and Holmes' relationship.

Dorothy Atkins@doratki
3h

The judge let one juror who didn't raise his hand for either question go for the day. (Imagine having to take off work and spend all morning waiting for hours just to be asked if you know anything about Balwani and Holmes romantic relationship. I'd be pissed.)

Dorothy Atkins@doratki
3h

The parties and the judge have now once again taken the jurors into a closed door proceeding to question them individually about their knowledge of Holmes' abuse claims against Balwani. This should be held in open court. Where is my soapbox?


Dorothy Atkins@doratki
2h

After 50 mins in a closed-door proceeding questioning jurors individually, the attorneys are back in the courtroom. It sounds like some jurors were excused based on their answers in the session, but that's just what I overheard from attys. An atty says they're breaking until 1:30
 
Monday, March 14th:
*Jury Selection continues (Day 3) (@ 10am PT) - CA – *Ramesh “Sunny” Balwani (53/now 56) (CFO & President of Theranos) indicted & charged (6/14/18) & arraigned (6/15/18) with 9 counts of wire fraud & 2 counts of conspiracy to commit wire fraud. Another count of wire fraud was added in 2020, bringing the total number of felony charges to 12. Plead not guilty. No bond. Faces a maximum sentence of 20 years in prison & a fine of $2.75 million, plus restitution, & $250K for each individual count of wire fraud & conspiracy. Plead not guilty.
Defrauding investors out of $700 million in funding for their blood-testing startup Theranos.
Trial set to begin on 3/15/22. There will be 12 jurors & 6 alternates. Trial Court will be in session on Tuesdays, Wednesdays & Fridays (from 9-3), but the jury may be asked to come in on some Mondays & Thursdays as well. Trial dates so far: Jury selection continues on 3/14 & trial begins with opening statements on 3/15, 3/16, 3/18, 3/22, 3/23, 3/25, 3/29, 3/30, 4/1, 4/5, 4/6, 4/12, 4/13, 4/15, 4/19, 4/20 & 4/22 so far.
Indictment & court info from 4/11/20 thru 3/8/22 & Jury selection (Day 1-2) 3/9/22 to 3/10/22 reference post #25 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
3/11/22 Update: A hearing on Balwani's request to exclude from trial evidence that Theranos pharma reports were altered.
for more info see posts #26 & 27 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
The judge didn't rule from the bench. Moving on, they brought in 6 jurors from the first day of jury selection to ask them if they know about Elizabeth Holmes' abuse claims against Sunny Balwani.
for more info see post #27 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
Jury selection continues on Monday, 3/14/22.
*Elizabeth A. Holmes (34/now 37) (CEO of Theranos) – Trial began on 9/8/21 & ended 1/3/22 with a verdict of guilty on 4 counts of 11. Next sentencing hearing on 9/26/22.
 
RickshawFan said:
Does anyone know why it was essential to keep their relationship secret? A point was made that EH didn't tell the board, during her depositions, I believe. What would be the problem with it?
Click to expand...
My guess is that she wanted to present her "availability" to seduce her older gentleman board members.
 
Okay - have an article about the jury selection going on.


Elizabeth Holmes' No. 2 and ex-boyfriend is about to have his day in court - CNN

March 14, 2022
....
A jury of 18 people, including six alternates, was initially selected on Friday and expected to be sworn in Monday. But the court said Monday afternoon that further juror selection is necessary and slated to occur Tuesday, 3/15/22. The trial, which is closed to cameras and audio recordings, is slated to go on for 13 weeks.

and from the court site:

Docket update:

Tuesday, Mar 15 2022
08:30AM
5:18-cr-00258-EJD-2 - USA v. Ramesh Sunny Balwani
Jury Selection, Cont'd.

Wednesday, Mar 16 2022
09:00AM
5:18-cr-00258-EJD-2 - USA v. Ramesh Sunny Balwani
Jury Trial - Opening Statements

link: CALENDAR


wondering "what" the problem is with jury selection.... ??
 
Tuesday, March 15th:
*Jury Selection continues (Day 4) (@ 8:30am PT) - CA – *Ramesh “Sunny” Balwani (53/now 56) (CFO & President of Theranos) indicted & charged (6/14/18) & arraigned (6/15/18) with 9 counts of wire fraud & 2 counts of conspiracy to commit wire fraud. Another count of wire fraud was added in 2020, bringing the total number of felony charges to 12. Plead not guilty. No bond. Faces a maximum sentence of 20 years in prison & a fine of $2.75 million, plus restitution, & $250K for each individual count of wire fraud & conspiracy. Plead Not guilty.
Defrauding investors out of $700 million in funding for their blood-testing startup Theranos.
Trial set to begin on 3/16/22. There will be 12 jurors & 6 alternates. Trial Court will be in session on Tuesdays, Wednesdays & Fridays (from 9-3), but the jury may be asked to come in on some Mondays & Thursdays as well. Jury selection continues on 3/15/22. Trial dates so far: Trial begins with opening statements on 3/16, 3/18, 3/22, 3/23, 3/25, 3/29, 3/30, 4/1, 4/5, 4/6, 4/12, 4/13, 4/15, 4/19, 4/20 & 4/22 so far.
Indictment & court info from 4/11/20 thru 3/8/22 & Jury selection (Day 1-2) 3/9/22 to 3/11/22 reference post #29 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
3/14/22 Monday, Jury selection Day 3: A jury of 18 people, including six alternates, was initially selected on Friday & expected to be sworn in Monday. But the court said Monday afternoon that further juror selection is necessary & slated to occur Tuesday, 3/15/22. The trial, which is closed to cameras & audio recordings, is slated to go on for 13 weeks.
*Elizabeth A. Holmes (34/now 37) (CEO of Theranos) – Trial began on 9/8/21 & ended 1/3/22 with a verdict of guilty on 4 counts of 11. Next sentencing hearing on 9/26/22.
 
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Dorothy Atkins@doratki
4h

Good morning from San Jose where the skies are grey today. I'm here waiting for the fourth day of jury selection to begin in Sunny Balwani's criminal trial. Openings were initially scheduled today, but they're having a hard time getting enough jurors. More tweets to come...

Dorothy Atkins@doratki
4h

A new group of ~19 prospective jurors were just sworn in and the judge read the fraud and conspiracy charges against Balwani. At the end of last week, there were ~45 jurors in the pool, but the judge must have cut at least 5. They need at least 40 before preemptory challenges.

Dorothy Atkins@doratki
3h

Judge Davila asks the jurors about hardships. One woman says she's the only vet at the Santa Clara county animal shelter, and it's about to be "kitten season." They expect at least 1k kittens in the next 1-2 months, she says.

Dorothy Atkins@doratki
3h

The vet says there was also a recent seizure of over 60 livestock, who are staying at the facility and there are "a lot of ill baby goats." She says she's the only trained vet & she just responded to a staffer via text to put a catheter in a baby goat that’s not doing well.

Dorothy Atkins@doratki
3h

As the facility's only trained vet, she does 20-40 surgeries a day, and "it would be a complete detriment to the lives of the animals" if she were sitting on a jury for 4 months, she says. The judge thanks her and makes a sincere call for folks to volunteer at the animal shelter.

Dorothy Atkins@doratki
3h

The judge asks if anyone has heard about the case. Most jurors raise their hands. The first juror says she got through 2.5 episodes of The Dropout on Hulu but she stopped watching, b/c she was called for jury duty. She says she can't be unbiased.

Dorothy Atkins@doratki
3h

Another juror says he watched 3 episodes of The Dropout "accidentally" over the weekend, b/c his girlfriend was watching the show and he didn't realize it was about the case. "I wasn't entirely focused [on the show], but I got the gist of what was going on."

Dorothy Atkins@doratki
3h

The judge asks if the juror can be unbiased. He asks to speak in private. "We will do that," the judge replies. He seems pretty peeved that jurors watched The Dropout on Hulu after they filled out the juror questionnaire and were told not to research the case.

Dorothy Atkins@doratki
4h

A third juror says she saw a post on Instagram advertising The Dropout on Hulu, but she hasn't watched the show. A fourth juror says she saw an HBO doc a while ago, but hasn't watched the Hulu show.

Dorothy Atkins@doratki
4h

Judge Davila is taking this as an opportunity to explain the importance of giving defendants a fair trial. "The universe of information that is distilled from the trial process is the only evidence that the jurors can consider" and they can't consider media coverage, he says.
 
Dorothy Atkins@doratki
4h

Another juror says she read about the case in the news in January (presumably about Holmes' conviction), and she has formed an opinion, but she thinks they should talk about it outside the presence of the other jurors.

Dorothy Atkins@doratki
4h

The judge says jurors are "the judges of the case" and it would be unfair to judge a case based on an article they read by someone "who may be hundreds of miles away who may not be in the courtroom." (Fwiw, I have been in court every godforsaken day of this case & Holmes' trial.)

Dorothy Atkins@doratki
4h

A juror says he read about the case on Reddit & Twitter, and another juror followed the case and Theranos' demise, b/c "I work in tech so it was an interesting topic." He adds that he recently saw "constant" ads on Facebook for The Dropout but he hasn't watched the show.

Dorothy Atkins@doratki
4h

Another juror says he found himself in a "Catch-22" on the day he filled out the questionnaire b/c he started watching a Law and Order episode w/ his wife that was a "fantastical retelling" of Theranos and Elizabeth Holmes, but didn't wan to tell her he may be a juror.

Dorothy Atkins@doratki
3h

One juror with a thick accent says he followed the case and he did "a lot" of Google searches about Elizabeth Holmes. "I did almost every day," he says. "To be honest, I read a lot of negative information, and it might effect me," he adds.

Dorothy Atkins@doratki
3h

Moving on to another juror. He asks the judge, "was Elizabeth Holmes a blonde lady that was on the news about a year ago?" He says "on news feeds, you see the lady," but he never clicked. "It never really intrigued me," he says.

Dorothy Atkins@doratki
3h

One juror says she works for Santa Clara police department. The judge asks her if she thinks she won't be able to give Balwani a fair trial since she works for law enforcement. She says she thinks she can be impartial. "I've seen them get it right. I've seen them get it wrong."

Dorothy Atkins@doratki
3h

The juror who "accidentally" watched 3 episodes of The Dropout with his gf is a probation officer and has testified in other cases before, he says. The judge notes that he should understand the judicial process then. The juror agrees that he does and he think he can be impartial.

Dorothy Atkins@doratki
3h

Court is taking a short break, but the judge says he plans on excusing the vet - turns out kitten season and ill baby goats are great excuse!
 
Dorothy Atkins@doratki
2h

We're back from the break. The judge is questioning an individual juror who says he heard on the news that Elizabeth Holmes claims Balwani abused her and "my opinion was not favorable to the defendant." Balwani is sitting at counsel table writing notes w/ his back to the juror.

Dorothy Atkins@doratki
2h

Balwani didn't look at the juror throughout the judge's questioning about his thoughts on Holmes' abuse claims and whether he can be fair to Balwani. Balwani has been focused on his notes and he has had his back to the juror the whole time.

Dorothy Atkins@doratki
54m

The parties and the judge are currently questioning six jurors individually on their knowledge of Holmes' abuse claims against Balwani and other matters they requested to discuss in private. The questioning should be held in open court, but what do I know?
 
Dorothy Atkins@doratki
2h

The attorneys and judge have been questioning 6 jurors individually for over an hour now, leaving the rest of us and a lot more jurors than they need sitting in a courtroom waiting. This is the criminal justice system, ladies and gentlemen, in all its glory.

Dorothy Atkins@doratki
1h

The judge is back on the bench and the parties are discussing peremptory challenges. Sounds like they already picked jurors for 9 out of the 12 seats, but need to fill the rest and 6 alternate seats. Defense has 3 peremptories left, but the gov't only has 1.

Dorothy Atkins@doratki
1h

After four full days of jury selection and questioning of nearly 100 jurors in voir dire, we have a 12 member jury and 6 alternates who will sit on this monthslong criminal jury trial against Sunny Balwani. The judge is calling them up from the jury room to swear them in.

Dorothy Atkins@doratki
51m

The clerk is currently calling out juror numbers and having them take the seat that they will have in court from now until the summer. The Ukrainian volunteer fighter, the pregnant woman and the annoyed youthful juror didn't make it onto the panel.

Dorothy Atkins@doratki
48m

An alternate juror who told the judge today he was the only engineer at his work who could do his job is leaning his head against a pew. He looks distressed.

Dorothy Atkins@doratki
45m

The judge swore in 6 men and 6 women to serve as the jury panel and two women and four men were sworn in as alternates. One alternate said during voir dire he watched a Theranos-inspired Law & Order episode w/ his wife and he's been a juror in 2 trials involving assault claims.

Dorothy Atkins@doratki
45m

The judge excuses the rest of the jury pool and emphasizes the importance of jury trials. "Our country receives criticisms from time to time from various parts of the world, ... but one thing that is constant, you will not hear criticism of our justice system."
 
Update on docket:

Wednesday, Mar 16 2022
09:00AM
5:18-cr-00258-EJD-2 - USA v. Ramesh Sunny Balwani
Jury Trial - Opening Statements

Friday, Mar 18 2022
09:00AM
5:18-cr-00258-EJD-2 - USA v. RameshSunny Balwani
Jury Trial

Tuesday, Mar 22 2022
08:30AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Motion to Dismiss - NEW

09:00AM
5:18-cr-00258-EJD-2 - USA v. Ramesh Sunny Balwani
Jury Trial

Wednesday, Mar 23 2022
09:00AM
5:18-cr-00258-EJD-2 - USA v. Ramesh Sunny Balwani
Jury Trial

Friday, Mar 25 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Tuesday, Mar 29 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Wednesday, Mar 30 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Friday, Apr 1 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Tuesday, Apr 5 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Wednesday, Apr 6 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Tuesday, Apr 12 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Wednesday, Apr 13 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Friday, Apr 15 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Tuesday, Apr 19 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Wednesday, Apr 20 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Friday, Apr 22 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Tuesday, Apr 26 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

Wednesday, Apr 27 2022
09:00AM
5:18-cr-00258-EJD - USA v. Ramesh Balwani
Jury Trial

link: CALENDAR
 
Wednesday, March 16th:
*Trial set to begin (@ 9am PT) - CA – *Ramesh “Sunny” Balwani (53/now 56) (CFO & President of Theranos) indicted & charged (6/14/18) & arraigned (6/15/18) with 9 counts of wire fraud & 2 counts of conspiracy to commit wire fraud. Another count of wire fraud was added in 2020, bringing the total number of felony charges to 12. Plead not guilty. No bond. Faces a maximum sentence of 20 years in prison & a fine of $2.75 million, plus restitution, & $250K for each individual count of wire fraud & conspiracy. Plead Not guilty.
Defrauding investors out of $700 million in funding for their blood-testing startup Theranos.
Trial set to begin on 3/16/22. Jury: 12 jurors (6 women & 6 men) & 6 alternates (2 women & 4 men). Trial Court will be in session on Tuesdays, Wednesdays & Fridays (from 9-3), but the jury may be asked to come in on some Mondays & Thursdays as well. Trial dates so far: Trial begins with opening statements on 3/16, 3/18, 3/22, 3/23, 3/25, 3/29, 3/30, 4/1, 4/5, 4/6, 4/12, 4/13, 4/15, 4/19, 4/20, 4/22, 4/26 & 4/27 so far.
Indictment & court info from 4/11/20 thru 3/8/22 & Jury selection (Day 1-3) 3/9/22 to 3/14/22 reference post #34 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
3/14/22 Monday, Jury selection Day 3: Additional info. A jury of 18 people, including six alternates, was initially selected on Friday & expected to be sworn in Monday. But the court said Monday afternoon that further juror selection is necessary & slated to occur Tuesday, 3/15/22. The trial, which is closed to cameras & audio recordings, is slated to go on for 13 weeks.
3/15/22 Tuesday: Jury selection Day 4: A new group of ~19 prospective jurors were just sworn in & the Judge read the fraud & conspiracy charges against Balwani. At the end of last week, there were ~45 jurors in the pool, but the Judge must have cut at least 5. They need at least 40 before peremptory challenges.
for more info see posts #35 to 37 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
After four full days of jury selection and questioning of nearly 100 jurors in voir dire, we have a 12 member jury (6 women & 6 men) & 6 alternates (2 women & 4 men) who will sit on this month’s long criminal jury trial against Balwani. The judge is calling them up from the jury room to swear them in.
for more info see post #38 here:
CA - Ramesh “Sunny” Balwani, 56, (Theranos), wire fraud charges
Trial set to begin on 3/16/22 with opening statements. Motion to discuss hearing added on 3/22/22 @ 8:30am.
*Elizabeth A. Holmes (34/now 37) (CEO of Theranos) – Trial began on 9/8/21 & ended 1/3/22 with a verdict of guilty on 4 counts of 11. Next sentencing hearing on 9/26/22.
 
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