At a glance
CMS findings and trial evidence included inaccurate or unreliable results from the Newark lab. Holmes was not convicted on the patient-fraud counts; Balwani was. Civil and regulatory files address laboratory quality separately from those verdicts.
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Theranos · What sentence did she receive?
Judge Edward J. Davila sentenced Holmes on 18 November 2022 to 135 months (11 years and 3 months) in federal prison, plus supervised release and restitution to be determined in the judgment papers. Ramesh Balwani was convicted in July 2022 on all twelve counts he faced, including investor and patient-related fraud, and was sentenced in December 2022 to 155 months.
Theranos · Did patients receive inaccurate results?
CMS findings and trial evidence included inaccurate or unreliable results from the Newark lab. Holmes was not convicted on the patient-fraud counts; Balwani was. Civil and regulatory files address laboratory quality separately from those verdicts.
Theranos · What was the peak valuation?
Press accounts in 2014 put Theranos at about $9 billion as a private company. That figure was a fundraising mark, not a public-market capitalization, and it vanished with the 2018 wind-down. Both Holmes and Balwani pursued Ninth Circuit appeals after sentencing. The encyclopedia treats the 2022 verdicts and sentences as the trial-court record; later appellate dispositions should be read from the docket.
Theranos · closing 1
After the 2022 sentences the live file is appellate and restitution arithmetic; the trial-court story of investor fraud is complete. Elizabeth Holmes founds Theranos in Palo Alto, later claiming a small-sample testing platform that would become the Edison story.
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What is the next question after this?
Press accounts in 2014 put Theranos at about $9 billion as a private company. That figure was a fundraising mark, not a public-market capitalization, and it vanished with the 2018 wind-down. Both Holmes and Balwani pursued Ninth Circuit appeals after sentencing. The encyclopedia treats the 2022 verdicts and sentences as the trial-court record; later appellate dispositions should be read from the docket.
Does this page rank people or nations?
This is a reading check for the atlas, not personal advice, a live price, or a booking. It does not replace the full topic page.
Where is the longer entry?
After the 2022 sentences the live file is appellate and restitution arithmetic; the trial-court story of investor fraud is complete. Elizabeth Holmes founds Theranos in Palo Alto, later claiming a small-sample testing platform that would become the Edison story.
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