Daily Archives: August 30, 2021, 2:19 pm

Elizabeth Holmes claims ex-boyfriend Ramesh Balwani abused her

Alleged fraudster Elizabeth Holmes, the founder of Theranos, claims she suffered a “decade-long campaign of psychological abuse” from her former boyfriend and business partner Ramesh “Sunny” Balwani. Holmes’ attorneys said in a court filings unsealed over the weekend that they plan to introduce evidence in her trial this week that Balwani “controlled what [Holmes] ate, how she dressed, and how…

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SEC Announces Three Actions Charging Deficient Cybersecurity Procedures

The Securities and Exchange Commission today sanctioned eight firms in three actions for failures in their cybersecurity policies and procedures that resulted in email account takeovers exposing the personal information of thousands of customers and clients at each firm. The eight firms, which have agreed to settle the charges, are: Cetera Advisor Networks LLC, Cetera Investment Services LLC, Cetera Financial…

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