Theranos trial

Theranos founder Elizabeth Holmes responded to prosecutors' claim that she booked a one-way flight to Mexico in an attempt to flee. Her attorneys called the claim "baseless," saying the flight was to attend a wedding, which they say Holmes no longer planned to attend after being convicted of fraud. Holmes was sentenced to more than…

Ramesh "Sunny" Balwani, former president and COO of now-defunct blood-testing startup Theranos, has been sentenced to 12 years and 11 months in prison and 3 years of probation.  Balwani was convicted in July on all 12 counts of fraud and conspiracy brought against him. His sentencing comes weeks after his former business partner and ex-girlfriend,…

Elizabeth Holmes dropped out of Stanford at 19 to start Theranos and grew its value to $9 billion. Later, technology flaws were exposed, resulting in a months-long trial where Holmes was found guilty on three counts of wire fraud and one count of conspiracy. Holmes was sentenced to more than 11 years in prison late last…

Ramesh "Sunny" Balwani, former president and COO of now-defunct blood-testing startup Theranos, has been sentenced to 12 years and 11 months in prison and 3 years of probation.  Balwani was convicted in July on all 12 counts of fraud and conspiracy brought against him. His sentencing comes weeks after his former business partner and ex-girlfriend,…

Disgraced Theranos founder Elizabeth Holmes has been sentenced to 11.25 years in prison with 3 years of supervised release. Once dubbed the world's youngest self-made female billionaire, Holmes was found guilty on four counts of fraud and conspiracy in January following a four-month trial that captivated Silicon Valley. She will begin serving her sentence on…

Elizabeth Holmes dropped out of Stanford at 19 to start Theranos and grew its value to $9 billion. Later, technology flaws were exposed, resulting in a months-long trial where Holmes was found guilty on three counts of wire fraud and one count of conspiracy. Holmes was sentenced to more than 11 years in prison and will…

Elizabeth Holmes' bid to get a new trial is on shaky ground after a witness who helped convict her stood by his testimony. "I don't want to help Ms. Holmes," the witness, Adam Rosendorff, said. "She needs to pay her debt to society." Holmes had requested a new trial after Rosendorff, Theranos' former lab director,…

Elizabeth Holmes' sentencing has been pushed back again and could happen as late as next year. On Monday, a judge ordered a hearing into whether prosecutors engaged in misconduct surrounding a star witness who visited Holmes' house last month and expressed regret over his testimony. That hearing, a victory for Holmes in her quest for…

Theranos founder Elizabeth Holmes has filed three requests for a new trial in the span of two days. Convicted of fraud and conspiracy in January, Holmes is set to be sentenced in October and could get decades in prison. Legal experts told Insider her chances of getting a new trial are slim. Loading Something is…

Elizabeth Holmes dropped out of Stanford at 19 to start Theranos and grew its value to $9 billion. Later, technology flaws were exposed, resulting in a months-long trial where Holmes was found guilty on three counts of wire fraud and one count of conspiracy. Now, Holmes is requesting a new trial after a key witness claimed…