Judge who sentenced Theranos founder Elizabeth Holmes recommends she serve term in a prison

The judge who sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison has recommended she serve out her term at a minimum-security women’s facility in Texas. Judge Edward Davila of the Northern District of California recommended Holmes serve at Federal Prison Camp at Bryan, Texas, according to a court filing last week. … Read more

Theranos founder Elizabeth Holmes sentenced to more than 11 years in federal prison

SAN JOSE — Disgraced Theranos CEO Elizabeth Holmes was sentenced to more than 11 years in federal prison Friday in a highly publicized fraud case that spawned movies, a bestselling book and rocked the freewheeling “fake it, until you make it” world of Silicon Valley startups. In a dramatic moment, an emotional Holmes, tears streaming … Read more

Judgement Day: Theranos Founder Elizabeth Holmes facing two decades in prison

SAN JOSE — Disgraced CEO Elizabeth Holmes could spend much of her kids childhood in federal prison when she is sentenced Friday in the Theranos fraud case. Holmes’ sentencing in the same San Jose courtroom where she was convicted on four counts of investor fraud and conspiracy in January marks a climactic moment in a … Read more

Former Theranos CEO Elizabeth Holmes set to be sentenced

Former Theranos CEO Elizabeth Holmes is set to be sentenced on Friday, 10 months after a jury found her guilty of defrauding investors in the failed blood-testing company.  Holmes, 38, founded Theranos in 2003, and it quickly grew to become of one of the best-known startups in the world, with a peak valuation of $10 … Read more

Feds demand 15-year prison sentence for Theranos founder Elizabeth Holmes

SAN JOSE — Federal prosecutors have asked a judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison, arguing she deserves a lengthy prison term because her massive scheme duped investors out of hundreds of millions of dollars by falsely convincing them her company had developed a revolutionary blood testing device. Calling … Read more

Theranos founder Elizabeth Holmes facing 20 years in prison; New trial request denied

SAN JOSE — A federal judge rejected a bid for a new trial for disgraced Theranos CEO Elizabeth Holmes after concluding a key prosecution witness’s recent remorseful attempt to contact her wasn’t enough to award her another chance to avoid a potential prison sentence for defrauding investors at her blood-testing company. The ruling issued late … Read more

Elizabeth Holmes requests new trial, claims regrets by key witness

SAN JOSE — Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her conviction for investor fraud and conspiracy related to her failed blood-testing startup. The petition centers on the reliability of testimony provided by … Read more

Former Theranos Executive Sunny Balwani Convicted of Fraud

A jury on Thursday convicted former Theranos executive Ramesh “Sunny” Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley. The 12 jurors found Balwani guilty on all 12 felony counts of defrauding both Theranos investors and the patients who relied on wildly … Read more

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