A three-judge panel for the 9th U.S. Circuit Court of Appeals in San Francisco rejected claims of legal errors at their separate trials held in 2022. Holmes, who started Theranos as a college student and became its public face,
U.S. District Judge Edward J. Davila sentenced Holmes to just over 11 years in federal prison in November 2022. Just a month later, Balwani was sentenced to almost 13 years in federal prison for fraud that risked patient health by misrepresenting the accuracy of Theranos blood analysis technology.
Holmes, 40, a Stanford University dropout, was charged in 2018 in connection with $878 million in losses among investors in her startup Theranos.
Theranos fraudster Elizabeth Holmes’ bid to have her conviction overturned was shot down in court Monday. A three-judge panel for the 9th US Circuit Court of