ELIZABETH HOLMES

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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.

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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.

SAN JOSE, Calif. — (AP) — Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday, ending a lengthy trial that has captivated Silicon Valley. SAN JOSE, Calif. (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes on Monday confirmed that it is hopelessly deadlocked on three of the 11 felony counts against the former entrepreneur. Nine of the 11 counts are fraud charges and two revolve around a conspiracy to commit fraud from 2010 to 2015. During that time, Holmes became a Silicon Valley sensation, one worth $4.5 billion on paper based on her promise that Theranos' technology would revolutionize health care. If convicted of any of the charges, Holmes, 37, could face up to 20 years in federal prison.

Holmes, who was once seen as one of the most promising leaders in Silicon Valley, could spend up to 20 years in prison for lying to investors and patients of the blood-testing company.

The judge handed the case to the jury late Friday afternoon after more than three months of trial proceedings.

After an order from Judge Edward Davila that they continue deliberating, the 12 jurors in Elizabeth Holmes' criminal trail are still deadlocked on three counts.

SAN JOSE, Calif. — (AP) — The jury weighing 11 counts of fraud and conspiracy against former Theranos CEO Elizabeth Holmes reported that it remains hopelessly deadlocked on three of those charges. U.S. District Judge Edward Davila called the jury back to the courtroom where the lengthy trial has taken place in order to poll jurors on those 3 felony charges. After receiving a note from the jury, U.S. District Judge Edward Davila summoned the eight men and four women back to the courtroom where Holmes' trial took place. Nine of the 11 counts are fraud charges and two revolve around a conspiracy to commit fraud from 2010 to 2015. During that time, Holmes became a Silicon Valley sensation, one worth $4.5 billion on paper based on her promise that Theranos' technology would revolutionize health care.

SAN JOSE, Calif. — (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes on Monday said it is deadlocked on three of the 11 felony counts against her. Monday's note also means that jurors have agreed on verdicts on eight of the charges facing Holmes. Nine of the 11 counts are fraud charges and two revolve around a conspiracy to commit fraud from 2010 to 2015. If convicted of any of the charges, Holmes, 37, could face up to 20 years in federal prison. The jury could potentially convict Holmes on some charges while acquitting her of others.

After hearing about the impasse, the judge instructed the jury to keep deliberating. Jurors have been debating Holmes' fate for seven days after a trial that has stretched on for four months.

U.S. District Judge Edward Davila reminded the jury that charges must be proven beyond a reasonable doubt.

Holmes Trial Elizabeth Holmes, second from left, walks out of federal court in San Jose, Calif., Friday, Dec. 17, 2021. (AP Photo/Nic Coury) (Nic Coury)SAN JOSE, Calif. — (AP) — The jury weighing fraud charges against former entrepreneur Elizabeth Holmes is unable to reach a unanimous verdict on three of the 11 criminal counts she faces, according to a note from the panel read aloud in court. SAN JOSE, Calif. (AP) — After an extended holiday break, the jury weighing fraud charges against former Theranos CEO Elizabeth Holmes will get back to work Monday. The jury so far has spent a total of roughly 40 hours across six days discussing the charges against Holmes, a tarnished technology star facing up to 20 years in prison if she is found guilty. Holmes, 37, is facing 11 criminal charges alleging that she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough when in fact it was prone to wild errors.

Jury deliberations in Elizabeth Holmes' criminal trial entered their seventh day on Monday.

Holmes Trial Elizabeth Holmes, second from left, walks out of federal court in San Jose, Calif., Friday, Dec. 17, 2021. (AP Photo/Nic Coury) (Nic Coury)SAN JOSE, Calif. — (AP) — The jury weighing fraud charges against former entrepreneur Elizabeth Holmes is unable to reach a unanimous verdict on three of the 11 criminal counts she faces, according to a note from the panel read aloud in court. SAN JOSE, Calif. (AP) — After an extended holiday break, the jury weighing fraud charges against former Theranos CEO Elizabeth Holmes will get back to work Monday. The jury so far has spent a total of roughly 40 hours across six days discussing the charges against Holmes, a tarnished technology star facing up to 20 years in prison if she is found guilty. Holmes, 37, is facing 11 criminal charges alleging that she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough when in fact it was prone to wild errors.

Holmes Trial Elizabeth Holmes, second from left, walks out of federal court in San Jose, Calif., Friday, Dec. 17, 2021. (AP Photo/Nic Coury) (Nic Coury)SAN JOSE, Calif. — (AP) — After an extended holiday break, the jury weighing fraud charges against former Theranos CEO Elizabeth Holmes will get back to work Monday. No reason was given for pausing the deliberations earlier than expected last week. At Theranos' height, Holmes had amassed a fortune of $4.5 billion on paper and was being lionized as a visionary on cover stories in business magazines. The jury will now spend its seventh day trying to decide if she was a crook.

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 entrepreneur Elizabeth Holmes is unable to reach a unanimous verdict on three of the 11 criminal counts she faces, according to a note from the panel read aloud in court. After conferring with lawyers for the defense and prosecution, U.S. District Judge Edward Davila sent for the jury in order to encourage it to deliberate further. Once the jury returned to court, Davila instructed its members to do their best to reach a verdict, noting that they should re-examine their own views and change their opinions if persuaded they are wrong.

Stephanie Hinds, a U.S. attorney, said in a statement on Jan. 3 that the guilty verdicts reflected Holmes’ "culpability in this large scale investor fraud."

Stephanie Hinds, a U.S. attorney, said in a statement on Jan. 3 that the guilty verdicts reflected Holmes’ "culpability in this large scale investor fraud."

Theranos Founder Fraud Trial Former Theranos CEO Elizabeth Holmes, center, with her partner, Billy Evans, left, and mother, Noel Holmes, right, leaves federal court in San Jose, Calif., Thursday, Dec. 23, 2021. The jury began their third day of deliberations in her fraud and conspiracy trial on Thursday. (AP Photo/Nic Coury) (Nic Coury)SAN JOSE, Calif. — (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes departed court Wednesday without reaching a verdict after six days of deliberations. The eight men and four women on the jury had been expected to continue deliberations on Thursday morning, but a court filing after they left disclosed they will be taking a break until Monday. The jury had already been scheduled to be off Friday, a federal court holiday.

Theranos Founder Fraud Trial Former Theranos CEO Elizabeth Holmes, center, with her partner, Billy Evans, left, and mother, Noel Holmes, right, leaves federal court in San Jose, Calif., Thursday, Dec. 23, 2021. The jury began their third day of deliberations in her fraud and conspiracy trial on Thursday. (AP Photo/Nic Coury) (Nic Coury)SAN JOSE, Calif. — (AP) — The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes will resume their lengthy deliberations amid some intrigue raised by a closed-door meeting among her attorneys, federal prosecutors and the judge presiding the case. But it it's not unusual for plea agreement discussions to take place while a jury deliberates over charges, especially the longer it takes to reach a verdict. The eight men and four women on the jury have been meeting in a San Jose, California, federal courthouse after absorbing reams of evidence in a three-month trial that captivated Silicon Valley.

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

A jury in Silicon Valley has been weighing the fate of Holmes, the former tech executive whose blood-testing startup Theranos shot her to fame. She now faces criminal fraud charges.

Theranos Founder Fraud Trial Former Theranos CEO Elizabeth Holmes walks into the Robert F. Peckham Federal Building and U.S. Courthouse for her trial in San Jose, Calif., on Tuesday, Dec. 21, 2021. (AP Photo/Tony Avelar) (Tony Avelar)SAN JOSE, Calif. — (AP) — 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 eight men and four women on the jury have been meeting in a San Jose, California, federal courthouse after absorbing reams of evidence in a three-month trial that captivated Silicon Valley. For the second consecutive day this week, the jurors went through Tuesday’s session without providing any clues as to how far long they are in their 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 left the court Tuesday without reaching a verdict after a fifth day of deliberations. Holmes is facing 11 criminal charges alleging that she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough when in fact it was prone to wild errors. The eight men and four women on the jury have been meeting in a San Jose, California, federal courthouse after absorbing reams of evidence in a three-month trial that captivated Silicon Valley.

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.