Technology,
Securities,
Criminal,
Corporate
Sep. 9, 2021
Holmes portrayed as idealistic visionary or liar in trial opening
The wide-ranging opening statement by Williams & Connolly LLP partner Lance A. Wade also blamed the co-defendant in the case, Ramesh “Sunny” Balwani, as well as the hedge fund managers and investors who he said knew they were making a risky investment.





SAN JOSE -- A defense attorney representing former Theranos founder Elizabeth A. Holmes portrayed her Wednesday as an idealistic visionary who believed in her blood testing technology and whose mistakes do not make her a criminal.
The wide-ranging opening statement by Williams & Connolly LLP partner Lance A. Wade also blamed the co-defendant in the case, Ramesh "Sunny" Balwani, as well as the hedge fund managers and investors who he sai...
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