The new date is Jul 7, 2022.
After his ex-business partner and ex-girlfriend was found guilty, the former Theranos executive was found guilty of fraud and conspiracy to commit wire fraud in federal court.
Balwani was found guilty on all 12 counts of wire fraud.
Four days was how long the jury deliberated.
Up to 20 years in prison is what the two men face for their roles in the Theranos scandal.
The two men were both charged by federal prosecutors at the same time in the year. In January, she was found guilty on four counts and not guilty on four others, but the jury couldn't reach a verdict on three other charges. In September, she will be sentenced.
When she dropped out of school to start Theranos in 2003 she started dating Balwani, who joined the company in 2010. Theranos got investments from the likes of Murdoch and Ellison, as well as George Shultz, who was on the company's board. A single drop of blood could be used to complete hundreds of blood tests, according to the company. Prosecutors in both trials said that the two men lied about the technology. Prosecutors showed Balwani text messages in which he said he was responsible for everything at Theranos. My decisions have been the same. Balwani did not testify in his trial but his lawyers said he invested millions of dollars of his own money into the company. Balwani has denied the accusations of being physically and psychologically abusive.
The rise and fall of Theranos was depicted in a popular Hulu series called The Dropout.
A jury is taking a fraud case against an ex- partner.
The woman was found guilty on wire fraud charges.
Lawyers make final arguments in a fraud case.
The ex-president of Theranos is going to jury in his fraud case.