(NEW YORK) — A U.S. appeals court has upheld the conviction of Theranos founder Elizabeth Holmes, who is serving more than 11 years in prison for defrauding investors with false claims about her company’s blood-testing technology.
The 9th U.S. Circuit Court of Appeals in San Francisco upheld the fraud convictions, sentences and $452 million restitution order for Holmes and her second in command, Ramesh “Sunny” Balwani, who was sentenced to nearly 13 years in prison.
This is a developing story. Please check back for updates.
Copyright © 2025, ABC Audio. All rights reserved.
I am an award-winning broadcaster and voice over artist with nearly 30 years of experience. I know the truth about the One Ring, how to gank a demon, The Doctor’s name, and the Death Star’s one weakness. I am a father, writer, broadcast professional, and Voice Over Talent.
Latest posts by Terry "Tdub" West (see all)
- Largest nursing strike in New York City history looming as contract negotiations continue - January 11, 2026
- More severe thunderstorms including tornadoes, flash flooding possible in the South - January 10, 2026
- Struggling to keep your New Year’s resolutions? Here’s how to keep yourself on track - January 10, 2026
