Nation Jan 21 Federal prosecutors call convicted CEO Elizabeth Holmes a flight risk Elizabeth Holmes is a flight risk and shouldn’t be allowed to stay out of prison while she appeals her 11-year prison sentence for defrauding investors, federal prosecutors said in court documents. By Associated Press
Economy Dec 07 Former Theranos executive gets nearly 13 years for role in hoax Balwani was convicted in July of fraud and conspiracy connected to the company's bogus medical technology that duped investors and endangered patients. By Michael Liedtke, Associated Press
Nation Dec 07 Former executive faces sentencing in Theranos case The sentencing for Ramesh “Sunny” Balwani, who was convicted in July of fraud and conspiracy, comes less than three weeks after Elizabeth Holmes, the company's founder and CEO, received more than 11 years in prison for her role in the… By Michael Liedtke, Associated Press
Economy Nov 18 Elizabeth Holmes gets more than 11 years in prison for Theranos scam The sentence imposed by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors but far tougher than the leniency her legal team sought for the mother of a year-old son with another child on… By Michael Liedtke, Associated Press
Nov 18 Elizabeth Holmes faces verdict in Theranos trial By Michael Liedtke, Associated Press A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology. Continue reading
Nov 12 Prosecutors seek 15-year sentence for Theranos CEO Elizabeth Holmes By Associated Press Federal prosecutors have asked a judge to sentence disgraced Theranos CEO 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… Continue reading
Oct 17 Prosecution witness stands by testimony in Holmes trial By Michael Liedtke, Associated Press Prosecution witness and former Theranos lab director Adam Rosendorff stood by his earlier testimony during a court appearance in Elizabeth Holmes' fraud trial on Monday. Continue reading
Jan 04 Watch 5:55 What Elizabeth Holmes’ conviction means for tech entrepreneurs, startups By Stephanie Sy, Ryan Connelly Holmes Elizabeth Holmes, founder of the blood testing company Theranos and a one-time darling of Silicon Valley, has been convicted of fraud. The verdict came down Monday night in the closely watched case and trial that rippled beyond the tech world. Continue watching
Jan 03 Former Theranos CEO Elizabeth Holmes guilty of fraud and conspiracy By Michael Liedtke, Associated Press Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday, ending a lengthy trial that has captivated Silicon Valley. Continue reading