Bloomberg Law
June 18, 2018, 11:13 AM UTC

Wake Up Call: Theranos Founder Charged With Defrauding Investors

• Theranos Inc. founder Elizabeth Holmes assumed the title of world’s youngest female self-made billionaire after investors bought her promises to revolutionize blood testing. Now she and former company president Ramesh “Sunny” Balwani face criminal charges of defrauding investors. ( Bloomberg ) Holmes’ lawyers include Kevin Downey of Williams & Connolly and San Francisco criminal defense attorney John Cline. Jeffrey Coopersmith at Davis Wright Tremaine represents Balwani. ( The Recorder )

• U.K. law firms look likely to get left behind by the expensive bidding war for young legal talent heating up among the biggest U.S. firms. ( Financial Times )

• Milbank sparked the latest wave of ...

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