Theranos’ Holmes, Balwani Ordered To Pay $452M In Restitution For Fraud

Mealey's (May 17, 2023, 8:40 AM EDT) -- SAN JOSE, Calif. — The California federal judge presiding over the Theranos Inc. fraud case on May 16 ordered defendants Elizabeth A. Holmes and Ramesh “Sunny” Balwani to pay restitution of $452.04 million....