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Pathologist Sues Hulu Over Depiction in Theranos TV Series

Clinical Laboratory, People / By Scott Wallask

THERE IS AN INTRUGUING NEW TWIST IN THE LONG-RUNNING SAGA of the now-defunct Theranos. Pathologist and former Theranos CLIA lab director Adam Rosendorff, MD, is taking Hulu to court. Rosendorff, the federal government’s star witness during the fraud trial of former Theranos CEO Elizabeth Holmes, recently issued a court summons to Hulu over the streaming …

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Holmes, Balwani Get Lengthy Prison Terms for Theranos Fraud

SENTENCING OF ELIZABETH HOLMES AND RAMESH “SUNNY” BALWANI in federal court caps the strange, yet captivating, saga of Theranos and its flawed blood testing technology. For laboratory professionals, the four years of legal wranglings that surrounded the Theranos fraud case may be remembered for shining a spotlight on the responsibilities of laboratory directors under the …

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Ex-Theranos CEO Elizabeth Holmes Awaits Ruling on New Trial Request

Lab Risk & Compliance, The Dark Report / By Scott Wallask

Keeping with the unexpected and odd circumstances surrounding Theranos, a federal judge heard arguments on Oct. 17 about whether convicted company founder Elizabeth Holmes’ should get a new trial. That hearing stemmed from the government’s star witness in Holmes’ 2021 trial—a pathologist—visiting her home in August to speak with the disgraced former Theranos CEO. As …

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Balwani Guilty! Sentencing Is Next for Theranos Execs

Clinical Laboratory / By Robert Michel

CEO SUMMARY: The trial of former Theranos President and Chief Operating Officer Ramesh “Sunny” Balwani ended with convictions by a jury on 12 counts of wire fraud and conspiracy. Now all eyes are looking ahead to the sentencing of Balwani and Elizabeth Holmes, the founder and former CEO of Theranos, who was found guilty on …

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Problems at Theranos Described in Balwani Trial

Laboratory Compliance / By Robert Michel

CEO SUMMARY: Former Theranos President and COO Ramesh Balwani is now being tried in federal court in San Jose, Calif. As with the earlier trial of Elizabeth Holmes, questions will arise about whether executives or clinical lab directors bear ultimate responsibility for lab test results. Balwani’s lawyers have painted him as an investor who ceded …

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Theranos Lost $585 Mil. in 2015, Had Revenue of Just $500,000

Clinical Laboratory / By Robert Michel

AMONG THE BEST-KEPT SECRETS at Theranos during its glory days of 2013, 2014, and 2015—when the news media hailed now-disgraced founder and ex-CEO Elizabeth Holmes as a business genius to match Apple founder Steve Jobs—was the actual revenue the company was generating from its clinical laboratory testing activities. No less a respected business magazine than …

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In Theranos’ Trial, CLIA Laboratory Director Has a Starring Role

Laboratory Compliance / By Robert Michel

CEO SUMMARY: Most clinical lab directors understand the risks that come with running a CLIA-licensed lab. Such risks are at the forefront of the criminal trial of Elizabeth Holmes, founder of now-defunct Theranos. During the trial, federal prosecutors and defense attorneys questioned four of Theranos’ former lab directors about inaccurate test results and failures to comply …

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Former Theranos Lab Director Makes News at Elizabeth Holmes Trial

TDR Insider / By Robert Michel

This is an excerpt of a 1,867-word article in the October 18, 2021 issue of THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: During the trial, a pathologist who was a former Theranos lab director testified about the little regard Theranos executives had for federal proficiency …

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Judge Rules in Theranos Case, Elizabeth Holmes Again Is News

Clinical Laboratory Trends / By Joseph Burns

Attorneys for former Theranos CEO Elizabeth Holmes and former President Ramesh Balwani are in court maneuvering before the federal case starts the trial phase this summer. Last week, Judge Edward J. Davila ruled that prosecutors from the federal Department of Justice (DOJ) cannot argue that physicians and insured patients were victims of fraud that Theranos …

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Are More Criminal Charges Coming in Theranos Case?

Laboratory Compliance / By Joseph Burns

CEO SUMMARY: As a going business, Theranos may have been dissolved in September, but it continues to be in the news. The biggest development was a disclosure in federal court earlier this month by federal prosecutors that there may be additional criminal charges to come that go beyond the indictments of former CEO Elizabeth Holmes …

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