Elizabeth Holmes

Convicted Theranos founder Elizabeth Holmes is asking the judge who presided over her trial and sentenced her last month to more than 11 years in prison to ...

Disgraced biotech founder Elizabeth Holmes has appealed her criminal fraud conviction and federal prison sentence—a move that was widely anticipated but is ...

Holmes and her partner, Billy Evans, have a 16-month-old son. [convicted in January](https://arstechnica.com/tech-policy/2022/01/elizabeth-holmes-found-guilty-on-4-of-11-charges/) on four counts of defrauding investors of her now-defunct blood-testing startup, Theranos, resulting in millions of dollars in loss. If you have to go it’s a good place to go." Experts who spoke with Law360 also expressed doubt that Davila would allow Holmes to remain free on bail until her appeal is complete, which could take years. "This sentence is bulletproof on appeal," Seth Kretzer, a criminal defense lawyer not involved in the case, told Bloomberg News. She has until March 3 to file legal briefs for her appeal effort in the 9th Circuit Court of Appeals in California.

Disgraced Theranos founder Elizabeth Holmes is asking a federal judge to allow her to remain out of prison pending her appeal, citing her unborn child.

SEEKING 15-YEAR SENTENCE FOR FORMER THERANOS PRESIDENT SUNNY BALWANI](https://www.foxbusiness.com/technology/u-s-seeking-15-year-sentence-former-theranos-president-sunny-balwani) [Theranos founder ](https://www.foxbusiness.com/technology/what-is-theranos)filed the motion for release pending appeal Monday night, arguing her case satisfies the statutory requirements for the request to be granted. She is currently scheduled to self-surrender and begin serving that time in April.

In a request filed Monday night, Elizabeth Holmes asks to stay out of prison pending her appeal, and confirms that she is pregnant with her second child.

She reportedly cried as she spoke to the judge. She is asking to remain free on bail while the appeal is decided. In the request, filed Monday night, Holmes confirmed that she is pregnant with her second child. Although many reporters and spectators previously noted that Holmes appeared to be about seven months pregnant at her sentencing, this is the first that she has publicly acknowledged it in legal filings. District Judge Edward Davila sentenced her to 11.25 years in prison (the low end of the sentencing guide range of 11.25 years to 14 years) plus three years of supervised release. 3](https://www.mddionline.com/news/verdict-now-sentencing-awaits-holmes-fraud-trial) on four counts of investor fraud and conspiracy.

Lawyers for Holmes filed notice of her appeal late on Friday in federal court in San Jose without disclosing details of the grounds they plan to cite.

Holmes, who is pregnant with her second child, had a more compelling argument for leniency than Balwani, 57, defense lawyers [told the Wall Street Journal](https://www.wsj.com/articles/theranos-ex-president-sunny-balwani-to-be-sentenced-wednesday-11670305965). Judge Edward Davila [ended up sentencing](https://www.bizjournals.com/sanjose/news/2022/11/18/theranos-founder-elizabeth-holmes-to-be-sentenced.html) the 38-year-old entrepreneur to more than 11 years in prison instead. Holmes has until March 3 to file briefs and trial transcripts backing her request for a new trial, according to a notice posted to the docket on Monday by the Ninth Circuit Court of Appeals in California. [according to Bloomberg](https://www.bloomberg.com/news/articles/2022-12-03/elizabeth-holmes-appeals-theranos-fraud-conviction-prison-term?sref=WmQJbR0T). District Court in San Jose is scheduled for Wednesday. Balwani's sentencing hearing in the U.S.

The scandal revolved around the company's false claims to have developed a device that could scan for several diseases and other potential problems with ...

Balwani is not the same as Elizabeth Holmes,” his lawyers wrote in a memo to the judge. “”He actually invested millions of dollars of his own money; he never sought fame or recognition; and he has a long history of quietly giving to those less fortunate.” Balwani’s lawyers also asserted that Holmes “was dramatically more culpable” for the Theranos fraud. Balwani and Holmes met around the same time she dropped out of Stanford University to start Theranos in 2003. In court documents, Balwani’s lawyers painted him as a hardworking immigrant who moved from India to the U.S. He graduated from the University of Texas in 1990 with a degree in information systems. Federal prosecutors also want the judge to order Balwani to pay $804 million in restitution to defrauded investors _ the same amount sought from Holmes.

A jury found Elizabeth Holmes' former business and romantic partner guilty in July on all 12 felony counts of defrauding Theranos investors and the patients ...

Balwani invested nearly $5 million of his own money into Theranos and lost it all. Holmes, a Stanford dropout, claimed her company had done what no other scientists did before, by using a proprietary blood-testing device. Balwani truly is." "Mr. "All these attributes define who Mr. A federal judge in California sentenced former Theranos executive Ramesh "Sunny" Balwani to nearly 13 years in prison for his role in a multimillion-dollar fraud involving Theranos and its now-disgraced CEO, Elizabeth Holmes, who received an 11-year sentence in a separate trial.

Disgraced Theranos executive Ramesh “Sunny” Balwani was sentenced to 13 years in prison Wednesday over his role in helping founder and then-girlfriend ...

Three years later, Holmes and Balwani were [charged separately](https://www.forbes.com/sites/marisadellatto/2022/07/07/elizabeth-holmes-business-partner-sunny-balwani-found-guilty-of-fraud-in-theranos-case/?sh=3ce616e23011) by federal prosecutors, who claimed the pair—who were secretly dating—knew they were lying about Theranos’ testing capabilities. Since Theranos’ explosive fall from grace, the story was portrayed in the Hulu series The Dropout, with Amanda Seyfried playing Holmes and Naveen Andrews cast as Balwani. Balwani served as president and COO of Theranos, and also secretly dated Holmes while they were running the company. [Wall Street Journal](https://www.wsj.com/articles/theranos-has-struggled-with-blood-tests-1444881901) reported that the technology’s capacity did not live up to Holmes’ claims. Holmes was praised as a rare young female founder in the tech space, and appeared on multiple magazine covers, including Forbes. However, the Theranos narrative began to fall apart in 2015, when the

A judge on Wednesday sentenced former Theranos executive Ramesh 'Sunny' Balwani to nearly 13 years in prison for his role in the company's blood-testing ...

Balwani and Holmes met around the same time she dropped out of Stanford University to start Theranos in 2003. Personal finance contributor Christopher Liew breaks down who's eligible for the increased GST credit, explain how to get it, and how much you could receive. "Balwani maintained this facade of accomplishments, after making the calculated decision that honesty would destroy Theranos." Balwani's lawyers also asserted that Holmes "was dramatically more culpable" for the Theranos fraud. Balwani was convicted in July of fraud and conspiracy connected to the company's bogus medical technology that duped investors and endangered patients. In court documents, Balwani's lawyers painted him as a hardworking immigrant who moved from India to the U.S. Wouldn't it be nice to never have to work again? He graduated from the University of Texas in 1990 with a degree in information systems. ""He actually invested millions of dollars of his own money; he never sought fame or recognition; and he has a long history of quietly giving to those less fortunate." Balwani is not the same as Elizabeth Holmes," his lawyers wrote in a memo to the judge. Davila deferred a decision on restitution to a later hearing, just as he did during Holmes' Nov. Prosecutors for the Justice Department asked for 15 years.