Elizabeth Holmes' Conviction: A Cautionary Tale for Tech Entrepreneurs
Elizabeth Holmes, the founder of Theranos, was sentenced to 11 years in prison and ordered to pay $452 million in restitution after being convicted of fraud and conspiracy for misleading investors about her company's blood-testing technology.
Elizabeth Holmes' Conviction: A Cautionary Tale for Tech Entrepreneurs
Elizabeth Holmes, the founder of Theranos, was sentenced to 11 years in prison and ordered to pay $452 million in restitution after being convicted of fraud and conspiracy for misleading investors about her company's blood-testing technology.
Progress
52% Bias Score
Holmes' Theranos Appeal Rejected: 11-Year Sentence Upheld
The Ninth Circuit Court of Appeals rejected Elizabeth Holmes' appeal against her conviction for defrauding investors in Theranos, upholding her more than 11-year prison sentence and a $452 million restitution order; the court deemed Theranos' blood-testing technology claims a "mirage".
Holmes' Theranos Appeal Rejected: 11-Year Sentence Upheld
The Ninth Circuit Court of Appeals rejected Elizabeth Holmes' appeal against her conviction for defrauding investors in Theranos, upholding her more than 11-year prison sentence and a $452 million restitution order; the court deemed Theranos' blood-testing technology claims a "mirage".
Progress
44% Bias Score
Elizabeth Holmes Begins 11-Year Prison Sentence for Theranos Fraud
Elizabeth Holmes, the founder of the failed blood-testing company Theranos, began serving an 11-year prison sentence on May 30, 2023, for fraud and conspiracy, ordered to pay $452 million in restitution; she maintains her innocence while working in prison and planning her return to healthcare techno...
Elizabeth Holmes Begins 11-Year Prison Sentence for Theranos Fraud
Elizabeth Holmes, the founder of the failed blood-testing company Theranos, began serving an 11-year prison sentence on May 30, 2023, for fraud and conspiracy, ordered to pay $452 million in restitution; she maintains her innocence while working in prison and planning her return to healthcare techno...
Progress
52% Bias Score
Appeals Court Upholds Theranos Convictions
A US appeals court upheld the convictions of Elizabeth Holmes and Ramesh "Sunny" Balwani for defrauding investors in their blood-testing company, Theranos, rejecting their appeals and affirming their 2022 sentences; Holmes will pay $452 million in restitution, though enforcement is on hold.
Appeals Court Upholds Theranos Convictions
A US appeals court upheld the convictions of Elizabeth Holmes and Ramesh "Sunny" Balwani for defrauding investors in their blood-testing company, Theranos, rejecting their appeals and affirming their 2022 sentences; Holmes will pay $452 million in restitution, though enforcement is on hold.
Progress
44% Bias Score
Appeals Court Upholds Theranos Fraud Convictions, Sentences
A U.S. appeals court upheld the fraud convictions and over $452 million in restitution against Elizabeth Holmes and Ramesh Balwani for defrauding investors with Theranos' faulty blood-testing technology, rejecting their appeals and confirming their prison sentences of more than 11 and nearly 13 year...
Appeals Court Upholds Theranos Fraud Convictions, Sentences
A U.S. appeals court upheld the fraud convictions and over $452 million in restitution against Elizabeth Holmes and Ramesh Balwani for defrauding investors with Theranos' faulty blood-testing technology, rejecting their appeals and confirming their prison sentences of more than 11 and nearly 13 year...
Progress
52% Bias Score