Theranos founder Elizabeth Holmes claims abuse by ex-boyfriend in fraud trial - Winnipeg Sun

Theranos Inc founder Elizabeth Holmes has accused her former boyfriend, who was president of the blood-testing startup, of abusing her, court documents unsealed on Saturday showed, hinting at a possible defence strategy with jury selection in her fraud trial set to start next week. Article content In court filings submitted more than 18 months ago, Holmes’ lawyers said they planned to present evidence that Ramesh “Sunny” Balwani abused her emotionally and psychologically in a relationship that spanned more than a decade. That includes the period when the company claimed its technology could enable a wide array of medical tests with a few drops of blood. Theranos, which Holmes founded in 2003 at the age of 19, collapsed in March 2018 when she, Balwani and the US$9 billion company were charged with fraud by U.S. regulators. Theranos had made Holmes, a Stanford University dropout, a Silicon Valley star. In the filings Holmes’ lawyers argued that the alleged “intimate partner abuse” was relevant to the question of whether she knew that financial information provided to investors and others was false. Holmes intends to blame Balwani, alleging he exerted controlled over her through the abusive relationship, the filings indicate. Article content Balwani, whose case is being handled separately, has denied the allegations. “Mr. Balwani unequivocally denies that he engaged in any abuse at any time,” his lawyers wrote in a December 2019 filing. Holmes and Balwani have both pleaded...



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