September 24, 2021

Biz Journal

Business perfection

Elizabeth Holmes Would possibly Declare Abusive Relationship in Theranos Fraud Trial

Theranos Inc. founder Elizabeth Holmes may argue at her upcoming legal fraud trial that she was in a decadelong abusive relationship with former Theranos President Ramesh “Sunny” Balwani that left her below his management through the interval by which the federal government alleges the 2 blood-testing executives dedicated an enormous fraud, newly revealed court docket data present.

Ms. Holmes claims the abuse by her former enterprise and romantic companion was psychological, emotional and sexual, in accordance with the paperwork.

Ms. Holmes accused Mr. Balwani of controlling what she ate, when she slept and the way she dressed, throwing sharp objects at her and monitoring her textual content messages and emails, amongst different issues, in accordance with one of many filings.

Mr. Balwani “unequivocally denies that he engaged in any abuse at any time,” in accordance with one of many newly unsealed filings. His lawyer, Jeffrey Coopersmith, argued this week that the filings ought to stay below seal in order that Mr. Balwani’s trial, presently scheduled for early subsequent 12 months, could be truthful. Mr. Coopersmith didn’t reply to a request for remark after the filings grew to become public in a single day.

The revelations, days earlier than her trial is about to start, shed gentle for the primary time on how Ms. Holmes’s legal professionals may mount a mental-health protection, in addition to on a decide’s determination to separate the trials of Ms. Holmes and Mr. Balwani, who had been collectively charged with wire fraud and conspiracy to commit wire fraud in June 2018. Each have pleaded not responsible.

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