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Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison
Read full article: Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prisonA panel of federal judges have spent two hours wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom.
Lawyers insist Nikola founder shouldn't face prison time for fraud — unlike Elizabeth Holmes
Read full article: Lawyers insist Nikola founder shouldn't face prison time for fraud — unlike Elizabeth HolmesLawyers for the founder of truckmaker Nikola Corp. say he should not face incarceration because his criminal conviction is nothing like what landed Theranos founder Elizabeth Holmes in prison.
Theranos founder objects to $250 monthly restitution sought by US due to limited financial resources
Read full article: Theranos founder objects to $250 monthly restitution sought by US due to limited financial resourcesFederal prosecutors want Elizabeth Holmes to pay $250 each month to victims of her failed blood testing startup after she leaves prison, but her attorneys are pushing back citing “limited financial resources” available to the disgraced founder of Theranos.
What to know about the Texas prison where Elizabeth Holmes is serving her 11-year sentence
Read full article: What to know about the Texas prison where Elizabeth Holmes is serving her 11-year sentenceDisgraced Theranos CEO Elizabeth Holmes has reported to a federal prison in Texas — marking the start of her 11-year sentence for overseeing a notorious blood testing hoax.
Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoax
Read full article: Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoaxTheranos founder Elizabeth Holmes is in custody at the Texas prison where she will spend the next 11 years serving her sentence for overseeing an infamous blood-testing hoax.
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
Read full article: As Elizabeth Holmes heads to prison for fraud, many puzzle over her motivesAs Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase.
Elizabeth Holmes will start 11-year prison sentence on May 30 after losing her bid to remain free
Read full article: Elizabeth Holmes will start 11-year prison sentence on May 30 after losing her bid to remain freeDisgraced Theranos CEO Elizabeth Holmes will remain free through the Memorial Day weekend before surrendering to authorities on May 30.
'BlackBerry' film hails the must-have gadget that the iPhone turned into a forgotten relic
Read full article: 'BlackBerry' film hails the must-have gadget that the iPhone turned into a forgotten relicAlmost everyone knows the backstory of the iPhone, a breakthrough that continues to reshape culture 16 years after late Apple co-founder Steve Jobs introduced the device to the world.
Elizabeth Holmes delays going to prison with another appeal
Read full article: Elizabeth Holmes delays going to prison with another appealDisgraced Theranos CEO Elizabeth Holmes has avoided starting her more than 11-year prison sentence on Thursday by deploying the same legal maneuver that enabled her co-conspirator in a blood-testing hoax to remain free for an additional month.
Theranos' Elizabeth Holmes loses bid to stay out of prison
Read full article: Theranos' Elizabeth Holmes loses bid to stay out of prisonDisgraced Theranos CEO Elizabeth Holmes has been rebuffed in her attempt to stay out of federal prison while she appeals her conviction for the fraud she committed while overseeing a blood-testing scam that exposed Silicon Valley’s dark side.
Ex-Theranos exec finds way to delay start of prison sentence
Read full article: Ex-Theranos exec finds way to delay start of prison sentenceFormer Theranos executive Ramesh “Sunny” Balwani has found an escape hatch from the scheduled start of his nearly 13-year prison sentence for a blood-testing hoax he engineered with his former boss and lover, Elizabeth Holmes.
Theranos exec Sunny Balwani loses bid to delay prison term
Read full article: Theranos exec Sunny Balwani loses bid to delay prison termA federal judge has rejected former Theranos executive Ramesh “Sunny” Balwani’s bid to remain free while he appeals his conviction for crimes he committed during a blood-testing scam he orchestrated with his former boss and lover, Elizabeth Holmes.
Former Theranos exec seeks to avoid lengthy prison sentence
Read full article: Former Theranos exec seeks to avoid lengthy prison sentenceFormer Theranos executive Ramesh “Sunny” Balwani has returned to federal court in a last-ditch attempt to stay out of prison while he's appealing a jury’s verdict convicting him of orchestrating a blood-testing hoax with his former boss and lover, Elizabeth Holmes.
Prosecutors: Convicted CEO Elizabeth Holmes is a flight risk
Read full article: Prosecutors: Convicted CEO Elizabeth Holmes is a flight riskFederal prosecutors say 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.
Elon Musk rebuffed in bid to move Tesla tweet trial to Texas
Read full article: Elon Musk rebuffed in bid to move Tesla tweet trial to TexasA federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker, setting the stage for the mercurial billionaire to be thrust into a legal drama amid the turmoil of his Twitter takeover.
Holmes' former partner gets nearly 13 years in Theranos case
Read full article: Holmes' former partner gets nearly 13 years in Theranos caseA judge has sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax — a sentence slightly longer than that given to the CEO, who was his lover and accomplice in one of Silicon Valley’s biggest scandals.
Elizabeth Holmes faces judgment day for her Theranos crimes
Read full article: Elizabeth Holmes faces judgment day for her Theranos crimesA 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.
Elizabeth Holmes gets more than 11 years for Theranos scam
Read full article: Elizabeth Holmes gets more than 11 years for Theranos scamDisgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.
Elizabeth Holmes asks for leniency for her Theranos crimes
Read full article: Elizabeth Holmes asks for leniency for her Theranos crimesDisgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company.
Bid for new trial fails, Elizabeth Holmes awaits sentencing
Read full article: Bid for new trial fails, Elizabeth Holmes awaits sentencingA federal judge has rejected disgraced Theranos CEO Elizabeth Holmes’ bid for a new trial after concluding a key prosecution witness’s recent attempt to contact her wasn’t enough to give award another chance to avoid a potential prison sentence for defrauding investors in her blood-testing company.
Elizabeth Holmes seeks new trial, cites key witness' regrets
Read full article: Elizabeth Holmes seeks new trial, cites key witness' regretsDisgraced 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.
Judge declines to overturn Elizabeth Holmes guilty verdict
Read full article: Judge declines to overturn Elizabeth Holmes guilty verdictA federal judge on Thursday tentatively declined to overturn the jury conviction of disgraced Theranos CEO Elizabeth Holmes on four felony counts of fraud and conspiracy.
Former Theranos exec Ramesh Balwani convicted of fraud
Read full article: Former Theranos exec Ramesh Balwani convicted of fraudA 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.
Jury takes fraud case against Elizabeth Holmes's ex-partner
Read full article: Jury takes fraud case against Elizabeth Holmes's ex-partnerThe fate of hard-nosed technology executive Ramesh “Sunny” Balwani is now in the hands of a jury that will weigh criminal charges alleging he joined disgraced Theranos CEO Elizabeth Holmes, his former partner, in an elaborate fraud that jarred Silicon Valley.
Final arguments unfold in second act of Theranos trial drama
Read full article: Final arguments unfold in second act of Theranos trial dramaFederal prosecutors on Tuesday depicted former Theranos executive Ramesh “Sunny”” Balwani as an instrumental accomplice in a fraud hatched by his secret lover, Theranos CEO Elizabeth Holmes, while his lawyers depicted him as a loyal soldier who tried to save the blood-testing company.
Elizabeth Holmes looms over trial of former lover, partner
Read full article: Elizabeth Holmes looms over trial of former lover, partnerAlthough not in the courtroom, Theranos CEO Elizabeth Holmes loomed over the opening day of a trial that will determine whether her jilted lover and former business partner Ramesh “Sunny” Balwani was her partner in crime.
Elizabeth Holmes' ex-lover, business partner faces own trial
Read full article: Elizabeth Holmes' ex-lover, business partner faces own trialRamesh “Sunny” Balwani, the jilted lover and business partner of former Theranos CEO Elizabeth Holmes, will finally get a chance to defend himself against allegations that he was her accomplice in a Silicon Valley ruse revolving around a ballyhooed blood-testing technology that flopped.
Elizabeth Holmes saga still has some loose ends to resolve
Read full article: Elizabeth Holmes saga still has some loose ends to resolveA jury has ended the suspense surrounding the fraud trial of former Theranos CEO Elizabeth Holmes by finding her guilty on four of the 11 charges facing her, but some issues in the legal drama remain unresolved.
Former Theranos CEO Holmes convicted of fraud and conspiracy
Read full article: Former Theranos CEO Holmes convicted of fraud and conspiracyElizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.
EXPLAINER: Are more defendants testifying at trial?
Read full article: EXPLAINER: Are more defendants testifying at trial?Defendants spoke directly to jurors in a series of recent high-profile trials, defying conventional wisdom that the risks of a client taking the stand usually outweigh the benefits.
Jury in Elizabeth Holmes trial hears replay of her boasts
Read full article: Jury in Elizabeth Holmes trial hears replay of her boastsJurors in the fraud trial of former Theranos CEO Elizabeth Holmes returned to the courtroom Thursday to listen to a replay of audio recordings that captured her brash promises about a vaunted blood-testing technology the propelled her meteoric rise and scandalous downfall.
EXPLAINER: Why Elizabeth Holmes' fraud case turns on intent
Read full article: EXPLAINER: Why Elizabeth Holmes' fraud case turns on intentThe high-profile trial of former Theranos CEO Elizabeth Holmes boils down to a single question: Did she cover up defects in her startup’s blood-testing technology to rip off investors while potentially endangering the lives of unwitting patients.
Jurors starts weighing evidence in Elizabeth Holmes' case
Read full article: Jurors starts weighing evidence in Elizabeth Holmes' caseThe jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations on Monday.
Elizabeth Holmes' fraud case heads to the jury
Read full article: Elizabeth Holmes' fraud case heads to the juryThe jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case late Friday after a three-month trial that captivated Silicon Valley.
Elizabeth Holmes jurors hear different takes on her downfall
Read full article: Elizabeth Holmes jurors hear different takes on her downfallJurors in the case of former Theranos CEO Elizabeth Holmes on Thursday heard starkly different interpretations of her motives and actions as her long-running criminal trial nears the finish line.
What Elizabeth Holmes had to say at her trial: 5 takeaways
Read full article: What Elizabeth Holmes had to say at her trial: 5 takeawaysOnce-lionized entrepreneur Elizabeth Holmes wrapped up seven days of testimony Wednesday in her criminal fraud trial, defending her actions as CEO of the startup Theranos.
Defense team rests in Elizabeth Holmes fraud trial
Read full article: Defense team rests in Elizabeth Holmes fraud trialThe defense team for fallen Theranos founder Elizabeth Holmes has rested its case in Holmes' criminal fraud trial, setting up several days of preparation before closing arguments begin.
Theranos founder Elizabeth Holmes faces cross-examination
Read full article: Theranos founder Elizabeth Holmes faces cross-examinationThe fraud trial of fallen Theranos founder Elizabeth Holmes is set to resume Tuesday with continued cross-examination of Holmes and possible expert psychological testimony.
Elizabeth Holmes accuses ex-lover, business partner of abuse
Read full article: Elizabeth Holmes accuses ex-lover, business partner of abuseDisgraced entrepreneur Elizabeth Holmes on Monday cast herself as the abused puppet of her former lover and business partner Sunny Balwani during tearful testimony aimed at refuting accusations she lied about a flawed blood-testing technology that hailed as a major breakthrough.
Elizabeth Holmes denies deception at her criminal trial
Read full article: Elizabeth Holmes denies deception at her criminal trialBiotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive scam, expressed some remorse while on the witness stand Tuesday, but denied trying to conceal that her company’s blood-testing methods weren’t working as she had promised.
Elizabeth Holmes makes her case to the jury in fraud trial
Read full article: Elizabeth Holmes makes her case to the jury in fraud trialFallen Silicon Valley star Elizabeth Holmes returned to the witness stand on Monday to tell a story likely to determine whether she is convicted or acquitted of criminal charges alleging she duped investors and patients into believing she had invented a breakthrough in blood-testing technology.
Elizabeth Holmes takes the stand in her criminal fraud trial
Read full article: Elizabeth Holmes takes the stand in her criminal fraud trialFallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients about her startup Theranos and its medical device that she said would reshape health care, unexpectedly took the witness stand Friday in her trial for criminal fraud.
Reporter recalls pivotal story in Elizabeth Holmes' stardom
Read full article: Reporter recalls pivotal story in Elizabeth Holmes' stardomA Fortune Magazine reporter whose story helped turn Elizabeth Holmes into a Silicon Valley sensation came to court Thursday to explain why he felt like he became a pawn in her attempts to hype a blood-testing technology she promised would revolutionize health care.
Jury gets chance to hear Elizabeth Holmes' bold promises
Read full article: Jury gets chance to hear Elizabeth Holmes' bold promisesA jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes has had its first chance to listen to recordings of her boasting to investors about purported breakthroughs in blood-testing technology.
Theranos CEO wooed investors while lab director saw trouble
Read full article: Theranos CEO wooed investors while lab director saw troubleFallen Silicon Valley star Elizabeth Holmes convinced media mogul Rupert Murdoch and other billionaires to invest in her biotechnology startup despite warnings its unconventional blood tests were dangerously unreliable.
Former US defense secretary testifies in Holmes fraud trial
Read full article: Former US defense secretary testifies in Holmes fraud trialFormer U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle.
Correction: Theranos-Founder-Fraud-Trial story
Read full article: Correction: Theranos-Founder-Fraud-Trial storyIn a story published September 8, 2021, about the opening day of the fraud trial of fallen Silicon Valley tech star Elizabeth Holmes, The Associated Press erroneously reported a statement made by her attorney Lance Wade due to a dropped word.
Fallen tech star Elizabeth Holmes prepares to go on trial
Read full article: Fallen tech star Elizabeth Holmes prepares to go on trialJury selection in the fraud trial of Theranos founder Elizabeth Holmes began Tuesday, casting a spotlight on the fallen Silicon Valley star now facing felony charges alleging she duped elite financial backers, customers and patients into believing that her startup was about to revolutionize medicine.
Theranos founder Elizabeth Holmes' trial set for summer 2020
Read full article: Theranos founder Elizabeth Holmes' trial set for summer 2020Former Theranos founder and CEO Elizabeth Holmes leaves the Robert F. Peckham U.S. Federal Court on June 28, 2019, in San Jose, California. (CNN) - Elizabeth Holmes, founder of failed blood-testing startup Theranos, will go to trial August 4, 2020, a federal judge ruled Friday in San Jose, California. Holmes was indicted on federal wire fraud charges in June 2018 and stepped down from the company minutes before the charges were made public. Holmes and Balwani are both charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. In September 2018, Theranos announced it was preparing to dissolve.