ELIZABETH HOLMES

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In the spring of 2012, portrait artist Ralph Heimans stood on the Cosmati pavement of Westminster Abbey and awaited the subject of his latest commission, Queen Elizabeth II. After spending an hour the queen, "discussing niceties," he came away with "a sense of how thoughtful she was, almost a sense of shyness, an introspective quality." The dual qualities, majesty and mystery, found her imagined in settings ranging from the sobriety of royal art to the rage of punk music to the varied characterizations of film and television. As he explained in "Paul McCartney: The Lyrics," published in 2021, he wrote the song in part because the queen really didn't offer many public statements, beyond her annual Christmas address and the opening of Parliament. McCartney would meet the queen numerous times, as a Beatle and a solo performer, and even played the song for her.

She was everywhere and yet not really known.

In a court filing, her attorneys assert that former Theranos lab director Adam Rosendorff now regrets the role he played in convicting Holmes of investor fraud and conspiracy.

Holmes said former lab director Adam Rosendorff told her he has regrets about his testimony in the trial.

Holmes said former lab director Adam Rosendorff told her he has regrets about his testimony in the trial.

The same jury acquitted Holmes on charges of fraud and conspiracy against patients who had their blood tested by Theranos. In their filing, Holmes lawyers said they had not been able to ask Rosendorff for further information about his reflections on his trial testimony for ethical reasons. The lawyers proposed an Oct. 3 hearing to discuss why they believe Rosendorff's recent actions merit a new trial. Also on Tuesday, U.S. District Judge Edward Davila formally rejected a request to set aside the jury's verdicts in Holmes' trial. Davila's decision cited Rosendorff's testimony in support of his ruling.

Disgraced 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.

SAN JOSE, Calif. — (AP) — A 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. U.S. District Judge Edward Davila won't make that decision final until Oct. 17, when he is scheduled to sentence Holmes in the same San Jose, California, courtroom where a jury found her guilty of duping investors in her much-hyped blood-testing startup. Amy Saharia, one of Holmes' lawyers, tried to persuade Davila that the jury of eight men and four women had acted irrationally during their seven days of deliberations. The judge concluded that the jurors drew reasonable inferences from evidence presented at the trial, although he said he would still review some cases Saharia presented before making a final decision. Thursday’s 90-minute hearing marked the first time Holmes has returned to the court since her Jan. 3 conviction.

A 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.

A 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. U.S. District Judge Edward Davila won't make that decision final until Oct. 17, when he is scheduled to sentence Holmes in the same San Jose, California, courtroom where a jury found her guilty of duping investors in her much-hyped blood-testing startup. Holmes, 38, faces up to 20 years in prison and a $250,000 fine, plus restitution, for lying to investors about a Theranos technology she hailed as a revolution in healthcare but which in practice produced dangerously inaccurate results.

The jurors found Balwani guilty on all 12 counts of defrauding both Theranos investors and the patients.

A jury convicted Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.

A jury convicted Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.

SAN JOSE, Calif. — (AP) — Ramesh “Sunny” Balwani, Elizabeth Holmes’ former partner, was convicted on 12 fraud counts in the Theranos blood-testing fraud case. A 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. The 12 jurors found Balwani guilty on all 12 felony counts of defrauding both Theranos investors and the patients who relied on wildly unreliable blood tests that could have jeopardized their health. Holmes was convicted on four counts of investor fraud and conspiracy earlier this year. During that trial, Holmes tearfully accused Balwani of sexually emotionally abusing her while they were lovers.

The verdict comes six months after Theranos' founder was found guilty on four counts.

The jury in former Theranos executive Ramesh "Sunny" Balwani reached a verdict on Thursday.

The jury in former Theranos executive Ramesh "Sunny" Balwani reached a verdict on Thursday.

A 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.

The case alleging he joined Holmes in a scam that defrauded investors and patients who were duped about the capabilities of Theranos' flawed blood-testing technology. The couple broke up in 2016 as Theranos began to collapse amid revelations about serious problems with Theranos' technology that they had concealed from investors and patients. The jury in Balwani's trial is aware of Holmes' conviction but has been ordered not to consider that in their deliberations. All that wealth evaporated once it became known Theranos' technology wasn't living up to Holmes' brash promises. "I am responsible for everything at Theranos," Balwani reminded Holmes.

The 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.

Theranos Fraud Trial FILE - Former Theranos executive Ramesh "Sunny" Balwani, right, stands near his legal team outside Robert F. Peckham U.S. She later dumped him as her lover and business partner in 2016 as Theranos began to unravel. At one point, they charged, Balwani oversaw the Theranos lab that covered up serious flaws in a the company's blood-testing technology thatcould have jeopardized the lives of patients. One of Balwani's other attorneys vehemently denied those allegations during Holmes' trial. Unlike Holmes, Balwani opted against testifying in his own defense during his trial.

Theranos Fraud Trial FILE - Former Theranos executive Ramesh "Sunny" Balwani, right, stands near his legal team outside Robert F. Peckham U.S. The three month of testimony and evidence mirrored the case against Holmes in a separate trial last year. She later dumped him as her lover and business partner in 2016 as Theranos began to unravel. One of Balwani's other attorneys vehemently denied those allegations during Holmes' trial. Unlike Holmes, Balwani opted against testifying in his own defense during his trial.

Federal 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.

Former Theranos executive Sunny Balwani is on trial for similar charges as Elizabeth Holmes faced last year.

Theranos founder's lawyers challenged evidence submitted by prosecutors and said there is no proof she conspired to commit fraud with "Sunny" Balwani.

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Although she wasn't in the courtroom, Tuesday, March 22, 2022, Theranos CEO Elizabeth Holmes loomed over the opening day of a trial that will determine whether her jilted lover and former business partner, Balwani, was also her partner in crime. “What he did have is a connection to Elizabeth Holmes," Leach said of Balwani. The close relationship between Holmes and Balwani came up frequently during Holmes' trial too, including text messages between the two former lovers. “The headlines and sensational stories about Elizabeth Holmes have no place in this trial," Cazares said. That was in stark contrast to Holmes' trial, which attracted queues of people lining up more than five hours before the San Jose, California, courthouse opened.

Although 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.

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Ramesh “Sunny” Balwani won’t face jurors who have seen the dramatization of his time at the company. Defendants in other trials probably won’t be as lucky.

Theranos Fraud Trial Former Theranos executive Ramesh "Sunny" Balwani, right, stands near his legal team outside Robert F. Peckham U.S. Opening statements in Balwani's trial are scheduled Wednesday in the same San Jose, California, courtroom where a jury found Holmes guilty of investor fraud and conspiracy in January. Even if Holmes doesn't take the stand, her specter is likely to loom large throughout Balwani's trial, which is expected to run through mid-June. “I have molded you," Balwani told Holmes in a May 2015 text that became part of the evidence in her trial. But Kim also believes Balwani's lawyers may have a better chance to poke holes in the testimony of the prosecution's witnesses if they deviate from statements during Holmes' trial.

Ramesh “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.

Ramesh "Sunny" Balwani, Elizabeth Holmes' ex-boyfriend and business partner, is set to face the jury in his criminal fraud trial this week.

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A document obtained by NPR through a public records request shows that Holmes reported to local authorities that she was allegedly assaulted in a frat house while she was attending the school.

The backers of companies like Theranos and WeWork avoided performing the kind of due diligence that would justify their stratospheric valuations.

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A judge on Wednesday scheduled Holmes's sentencing for September 26, meaning she'll be out on bail for the next eight and a half months.

The onetime Silicon Valley star will remain free on a bond until her sentencing hearing. She faces the maximum possible penalty of decades behind bars.

Ian Gibbons, who was the chief scientist of Theranos, died by suicide in 2013.

The court filing also said the government will dismiss counts 3, 4 and 5 of the indictment in which the jury deadlocked on.

Holmes was convicted on four federal fraud charges. Her ex-boyfriend, former Theranos president Ramesh Balwani, is about to go on trial on similar charges.

On Monday, former Theranos CEO Elizabeth Holmes was convicted on numerous counts of fraud following a months-long federal trial.

Theranos whistleblower Tyler Shultz reflects on Elizabeth Holmes' jury verdict. These days, he is the one making exaggerated claims to investors.

No, and it’s too bad the business world wasn’t as impartial.

Theranos Founder Fraud Trial Elizabeth Holmes leaves federal court after the verdict in San Jose, Calif., Monday, Jan. 3, 2022. PRISON BOUNDThe general consensus is that Holmes almost certainly will be sent to prison, although it's difficult to predict for how long. Technically, she could be sentenced to a maximum of 20 years in federal prison for each of the four felony convictions, but experts doubt that will happen. Holmes was convicted for duping Theranos investors and conspiring to commit fraud against them. He will get that chance in his own fraud trial scheduled to start next month.

A 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.

SAN JOSE, Calif. — (AP) — The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated ex-billionaire to prison. In theory, it could also deliver a sobering message to a Silicon Valley culture that often gets lost in its own hubris and swagger. “They wanted to send a message," said Carl Tobias, a law professor at the University of Richmond who followed the Holmes trial. The concept — and the way Holmes presented it — enthralled wealthy investors eager to buy an early stake in a game-changing company. “Let's face it: Silicon Valley is based on dreams," Greenfield said.

Former Theranos CEO Elizabeth Holmes was convicted Monday of four counts of fraud.

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The verdict came after a lengthy trial that featured testimony from more than 30 witnesses, including Holmes herself.

APTOPIX Theranos Founder Fraud Trial Elizabeth Holmes leaves federal court after the verdict in San Jose, Calif., Monday, Jan. 3, 2022. Holmes was convicted of fraud for turning her blood-testing startup Theranos into a sophisticated sham that duped billionaires and other unwitting investors into backing a seemingly revolutionary company whose medical technology never worked as promised. A jury convicted Holmes, who was CEO throughout the company's turbulent 15-year history, on two counts of wire fraud and two counts of conspiracy to commit fraud after seven days of deliberation. The 37-year-old was acquitted on four other counts of fraud and conspiracy that alleged she deceived patients who paid for Theranos blood tests, too. Although she was convicted of bamboozling investors, Holmes received a reprieve from the jury on the fraud accusations involving patients who submitted to inaccurate blood tests that could have endangered their health.

SAN JOSE, Calif. — (AP) — The fraud conviction of former Theranos CEO Elizabeth Holmes could offer Silicon Valley's culture of hubris and hype some valuable lessons. In seven days on the witness stand, she cast herself as a visionary trailblazer in male-dominated Silicon Valley who was emotionally and sexually abused by her former lover and business partner, Sunny Balwani. Holmes' conviction “will send a message to CEOs that there are consequences in overstepping the bounds,” suggested Ellen Kreitzberg, a Santa Clara University law professor who attended the trial. During that span, Holmes went from an unknown to a Silicon Valley sensation who had amassed a $4.5 billion fortune on paper to a vilified failure. The concept — and the way Holmes presented it — enthralled wealthy investors eager to buy an early stake in a game-changing company.

The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated billionaire to prison for years.

Elizabeth 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.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes departed court Wednesday without reaching a verdict after six days of deliberations.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes left the court Tuesday without reaching a verdict after a fifth day of deliberations.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes completed a fourth day of deliberations Monday without reaching a verdict.

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.

Jurors 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.

The 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.

The 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.

The 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.

Jurors 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.

Once-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.

The 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.

Former Theranos CEO Elizabeth Holmes spent another five hours on the witness stand Tuesday sparring with a federal prosecutor aiming to prove criminal allegations that she misled investors, customers, and patients about a flawed blood-testing technology that she spent years touting as a medical breakthrough.

Disgraced 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.

Biotechnology 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.

Fallen 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.

Fallen 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.

A 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.

A 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.

Fallen 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 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.

In 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.

Elizabeth Holmes once seemed destined to fulfill her dream of becoming Silicon Valley's next superstar.

Jury 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.