Balwani was found guilty, our sister station KGO reports.
The video shown is from a previous report.
This is an evolving story and will be updated.
Theranos founder Elizabeth Holmes’ ex-boyfriend faced 12 counts of wire fraud and conspiracy to commit wire fraud.
The jury began deliberating last week.
RELATED: Elizabeth Holmes Accuses Ex-Boyfriend and Theranos COO Sunny Balwani of Rape, Assault
The trial comes after Holmes was convicted on four out of 11 counts.
The defense has argued that Balwani trusted Holmes’ vision but had no final authority over the deal.
The verdict is expected to be read at 11:20 a.m
This story evolves. Check for updates again.
RELATED: ‘Can’t cheat until you make it’: Bay Area experts weigh in on Elizabeth Holmes’ conviction
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https://6abc.com/sunny-balwani-verdict-trial-theranos/12027987/ Sunny Balwani verdict: Former Theranos president, ex-boyfriend of Elizabeth Holmes found guilty in federal trial