‘Enforcement 40’ for 2020
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By Securities Docket on September 7, 2021, 12:16 pm
Jurors have not been told yet about the details of the defense Holmes’s lawyers will likely present that she was subject to a “decade-long campaign” of abuse by her former boyfriend and onetime president of Theranos, Ramesh “Sunny” Balwani. Balwani has denied any abuse. Still, jurors who will decide her case are “being exposed to […]
By Securities Docket on September 7, 2021, 8:51 am
But behind the spectacle is the reality that criminal prosecutions in Silicon Valley are a rarity. Even a guilty verdict against Ms. Holmes is unlikely to change that. Federal prosecutors in Northern California took on only 57 white-collar crime cases in the 2020 fiscal year, down from 94 in 2019, according to researchers. Although 2021 […]