Elizabeth Holmes (left) and Ramesh "Sunny" Balwani. (Photos: Jason Doiy/ALM) Judge Orders Theranos' Holmes, Balwani to Pay $450M in Restitution
U.S. District Judge Edward Davila's restitution order is about half the $877 million amount requested by federal prosecutors.
May 16, 2023 at 11:36 PM
3 minute read
Theranos leaders Elizabeth Holmes and Ramesh "Sunny" Balwani are on the hook for more than $450 million following their fraud and conspiracy convictions.
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