Appeals court upholds convictions of Theranos founder Elizabeth Holmes, former lover and business partner
The Ninth Circuit Court of Appeals has affirmed the convictions of former Theranos founder and CEO Elizabeth Holmes, and her business partner and former lover Ramesh "Sunny" Balwani, in their entirety.
Elizabeth Holmes loses bid to get her Theranos fraud conviction overturned
Elizabeth Holmes, the disgraced founder of Theranos, will remain in prison after losing a bid Monday to overturn her fraud conviction, with a federal appeals court saying she hadn’t proved there were legal missteps during her trial for defrauding investors with false claims of what her blood-testing startup could achieve.
U.S. District Judge Edward J. Davila sentenced Holmes to just over 11 years in federal prison in November 2022. Just a month ...
Holmes, 40, a Stanford University dropout, was charged in 2018 in connection with $878 million in losses among investors in ...
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