Elizabeth Holmes Asks for Her Conviction to Be Overturned

Decision in her appeal is not expected for a while
By Evann Gastaldo,  Newser Staff
Posted Jun 12, 2024 1:30 AM CDT
Elizabeth Holmes Asks for Her Conviction to Be Overturned
FILE - Former Theranos CEO Elizabeth Holmes leaves federal court in San Jose, Calif., March 17, 2023.   (AP Photo/Jeff Chiu, File)

Tuesday was the first court hearing on the appeal filed by Elizabeth Holmes' lawyers last year, after she was convicted of fraud related to her doomed blood-testing startup. Her defense team is asking the court to overturn that conviction, for which the Theranos founder is currently serving an 11-year prison sentence set to end in 2032 due to good behavior, the Guardian reports. The appeal hearing was also for company president and Holmes' ex Ramesh "Sunny" Balwani, who is trying to overturn his own 13-year prison sentence, the AP reports. Lawyers for both Holmes and Balwani argue that new trials should be granted due to improper procedures and evidence in the cases.

A panel of federal judges wrestled with the legal issues for two hours Tuesday, and there is no timeline on when a decision might be made—appeals can take anywhere from weeks to more than a year. Holmes did not attend the San Francisco hearing, but her partner Billy Evans—father to her two young children—and her parents did. "There were in fact many good people working at Theranos, and believing they had good technology," one of Holmes' lawyers told the court. "Holmes believed that, and that is what she was telling investors." (More Elizabeth Holmes stories.)

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