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The Latest Breaking News from Sunny Balwani

Short Circuit: A Roundup of Recent Federal Court Decisions

Private islands, signal fires, and a salmagundi of sadness.

Reason · Feb 28, 2025

Trump’s MAGA base is turning on Elon Musk after he said he wants to import more skilled workers

The world’s wealthiest tycoon wants more visas for engineering talent, but conservatives including RFK Jr.’s vice presidential pick are savaging the H-1B program as predatory.

Fortune · Dec 27, 2024

Theranos fraudster Elizabeth Holmes has prison sentence reduced again

Disgraced biotech company founder is now due to be released in August 2032, two years and four months before original date

The Guardian - US · May 7, 2024

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Elizabeth Holmes’ 11-year prison sentence shortened by two years

Release date changed to 2032, records show, but reasons for change are unclear

The Guardian - US · Jul 11, 2023

Elizabeth Holmes objects to $250 monthly payments to Theranos victims

Lawyers for disgraced CEO, who was once worth $4.5bn, say ‘limited financial resources’ mean she cannot afford repayments

The Guardian - US · Jun 14, 2023

Theranos founder Elizabeth Holmes starts prison sentence for blood-testing hoax

Theranos founder Elizabeth Holmes entered a Texas prison Tuesday where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.

France 24 · May 31, 2023

‘People wanted to believe the fairytale’: the downfall of Elizabeth Holmes

Disgraced founder of fraudulent blood-testing company Theranos begins prison sentence

The Guardian - US · May 30, 2023

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Theranos founder Elizabeth Holmes again delays start of 11-year prison term

Lawyers for the disgraced entrepreneur told a judge she would not be turning herself in as she is appealing custody ruling

The Guardian - US · Apr 26, 2023

Elizabeth Holmes loses battle to delay imprisonment

Theranos founder Elizabeth Holmes’ months-long battle to extend her freedom is over: A federal court judge on Tuesday denied her bid to delay imprisonment, ruling she must surrender April 27 to serve her sentence for felony fraud at a Texas prison camp.

Tribune News Service · Apr 11, 2023

Elizabeth Holmes to begin 11-year prison sentence at end of month

Federal judge denies Theranos founder’s request to remain free while she appeals her conviction of fraud and conspiracy

The Guardian - US · Apr 11, 2023

The top policy battles for 2023, explained

Venture capitalist Bradley Tusk explains where policymakers will be digging into next year.

Fortune · Dec 8, 2022

Ex-Theranos executive Sunny Balwani sentenced to nearly 13 years in prison

Term slightly longer than one given to Elizabeth Holmes for defrauding investors in now-defunct blood testing firm

The Guardian - US · Dec 7, 2022

Theranos founder Elizabeth Holmes sentenced to more than 11 years in prison for felony fraud

Theranos founder Elizabeth Holmes has been sentenced to 135 months — or more than 11 years — in prison, following her conviction for felony fraud in one of the most closely and widely watched trials in Silicon Valley history.

Tribune News Service · Nov 18, 2022

Elizabeth Holmes sentenced to 11 years in prison for Theranos fraud

The Theranos founder's attorneys had been seeking house arrest.

Axios · Nov 18, 2022

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The Guardian - US · Nov 18, 2022

Theranos founder Elizabeth Holmes sentenced to more than 11 years for defrauding investors

The harsh ruling sends a message to Silicon Valley that the government will hold founders accountable for what’s promised

Tribune News Service · Nov 14, 2022

Elizabeth Holmes should go to prison for 15 years and pay $804 million, feds demand

Theranos founder Elizabeth Holmes, set to be sentenced Friday, should go to prison for 15 years and pay back investors she defrauded, federal prosecutors argued in a blistering sentencing memo.

The Guardian - US · Nov 14, 2022

Elizabeth Holmes to be sentenced this week as Theranos saga nears conclusion

The blood testing company’s founder could serve up to 20 years in prison after she was convicted in January on four counts of fraud

The Guardian - US · Nov 12, 2022

Elizabeth Holmes prosecutors seek 15-year sentence and $800m in restitution

Theranos founder faces maximum of 20 years in prison after she was found guilty of fraud and conspiracy

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Tribune News Service · Oct 25, 2022

Elizabeth Holmes to try forcing key prosecution witness to talk about his mental health

Theranos founder Elizabeth Holmes wants to force a key prosecution witness — who testified against her last year, then showed up at her home after her fraud conviction this year — to discuss his mental health as part of her bid for a new trial.

The Guardian - US · Oct 17, 2022

Elizabeth Holmes trial: key witness backs his testimony after expressing regret

Theranos founder filed for a fresh trial after Adam Rosendorff told her he felt ‘he had done something wrong’

Tribune News Service · Oct 13, 2022

Elizabeth Holmes’ sentencing set for next month as prosecution witness fires back

Theranos founder Elizabeth Holmes, expected to receive a multiyear prison term for felony fraud, has had her sentencing date set for Nov. 18.

Tribune News Service · Oct 3, 2022

Elizabeth Holmes gets reprieve from expected prison term as sentencing delayed

Theranos founder Elizabeth Holmes on Monday received a reprieve from an expected prison sentence, with the judge in her case delaying her sentencing for up to three months.

Tribune News Service · Sep 28, 2022

Elizabeth Holmes using upset doctor as ‘ticket to a new trial,’ prosecutors claim

Theranos founder Elizabeth Holmes is trying to turn a visit to her home this summer by a key prosecution witness into a “ticket to a new trial,” prosecutors claim.

Tribune News Service · Sep 13, 2022

Elizabeth Holmes’ barrage of new-trial bids as sentencing nears: What’s she after, and will it work?

Theranos fraudster Elizabeth Holmes’ flurry of attempts last week to get a new trial has multiple goals, and one of those court motions stands a good chance of delaying the start of her expected prison sentence, legal experts say.

Tribune News Service · Sep 8, 2022

Elizabeth Holmes makes second bid in two days for new trial, this time over former lover Balwani

SAN JOSE, Calif. — Theranos founder Elizabeth Holmes on Wednesday demanded yet another new trial, her second bid in two days, again claiming “new evidence” invalidated the verdict of the jury that convicted her on four felony fraud counts.

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