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Organization

U.S. District Court for the Northern District of California

Federal trial court for the San Francisco Bay Area.

3 links, 3 backed by primary records

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Connections 3

convicted

  • Elizabeth Holmes 3 Jan 2022 one conspiracy count and three wire fraud counts, all on investors; sentenced to 135 months; affirmed by the Ninth Circuit on 24 February 2025; a request for commutation was pending in January 2026 Primary record 1234
  • Ramesh Balwani 7 Jul 2022 all counts; sentenced to 155 months; affirmed by the Ninth Circuit on 24 February 2025 Primary record 56

acquitted

  • Elizabeth Holmes 3 Jan 2022 the patient-related conspiracy count and three patient wire fraud counts; the jury could not agree on three investor counts Primary record 1
Timeline 3 dates
  1. 3 Jan 2022 Elizabeth Holmes convicted by U.S. District Court for the Northern District of California
  2. 3 Jan 2022 Elizabeth Holmes acquitted by U.S. District Court for the Northern District of California
  3. 7 Jul 2022 Ramesh Balwani convicted by U.S. District Court for the Northern District of California
Proof 6 sources
  1. Theranos Founder Elizabeth Holmes Found Guilty Of Investor Fraud, U.S. Attorney’s Office, Northern District of California, 3 Jan 2022. Primary record Archived copy
    A jury found Elizabeth A. Holmes guilty of one count of conspiracy and three counts of wire fraud in connection with a multi-million-dollar scheme to defraud investors in Theranos, Inc.
    The jury acquitted Holmes of the patient-related conspiracy wire fraud count and three additional wire fraud counts.
    The jury could not reach a unanimous verdict with respect to three investor fraud-related counts.
  2. Elizabeth Holmes Sentenced To More Than 11 Years For Defrauding Theranos Investors Of Hundreds Of Millions, U.S. Attorney’s Office, Northern District of California, 18 Nov 2022. Primary record Archived copy
    Elizabeth A. Holmes was sentenced today to 135 months (11 years, 3 months) in federal prison for defrauding investors in Theranos, Inc. of hundreds of millions of dollars
  3. United States v. Holmes and Balwani, Nos. 22-10312 and 22-10338 (9th Cir. 2025), U.S. Court of Appeals for the Ninth Circuit, 24 Feb 2025. Primary record
    The panel affirmed Elizabeth Holmes’s and Ranesh “Sunny” Balwani’s convictions on numerous fraud charges, their sentences, and the district court’s $452 million restitution order
  4. Elizabeth Holmes asks Trump administration to commute her prison sentence, ABC News, 21 Jan 2026. Scholarship & press
    Disgraced Theranos founder Elizabeth Holmes has asked the Trump administration to commute her prison sentence, according to the U.S. Justice Department's Office of the Pardon Attorney.
  5. Theranos President Sentenced To More Than 12 Years For Fraud That Jeopardized Patient Health And Bilked Investors Of Millions, U.S. Attorney’s Office, Northern District of California, 7 Dec 2022. Primary record Archived copy
    On July 7, 2022, after a four month trial, a federal jury convicted Balwani of all counts.
    Ramesh “Sunny” Balwani was sentenced today to 155 months (12 years, 11 months) in federal prison
  6. Theranos exec Sunny Balwani sentenced to 13 years in prison for defrauding patients and investors, TechCrunch, 7 Dec 2022. Scholarship & press
    “He’s not Ms. Holmes. He did not pursue fame and fortune,” said Balwani’s attorney Jeffrey Coopersmith.
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