United States v. Elizabeth Holmes

Decisions and steps

1. 4 January 2022Guilty on one conspiracy count and three wire fraud counts, acquitted on four counts, as announced^S2
2. November 2022Sentenced to just over 11 years^S3
3. 8 May 2025Rehearing en banc denied after February 2025 affirmance^S3

Claims this case bears on

• Contradicted93
  Theranos represented to investors that its portable blood analyzer could run a full range of blood tests from finger drops of blood.
  Regulator statement, 14 March 20182 records citedProduct claims
• Partly supported83
  The SEC said in March 2018 that Theranos, its CEO and its former president carried out a massive fraud, and that the company was liable for it.
  Regulator statement, 14 March 20184 records citedFraud
• Supported81
  Courthouse News reported in May 2025 that the Ninth Circuit denied the former Theranos chief executive's request for en banc rehearing after upholding her conviction in February.
  Press report, 8 May 20252 records citedFraud

Sources

1. S2Tier A Theranos Founder Elizabeth Holmes Found Guilty Of Investor FraudUS Attorney's Office, Northern District of California. Government press release. 4 January 2022.Supports the counts of conviction and acquittal and the evidence on the device. It does not cover sentencing or appeal.Link working, checked 25 October 2026
2. S3Tier C Ninth Circuit denies Elizabeth Holmes' request for rehearingCourthouse News Service. Press report. 8 May 2025.Report by Matt Simons on the rehearing denial and the February 2025 affirmance. It does not give the affirmance day.Link working, checked 25 October 2026
3. S6Tier A Clemency Grants by President Donald J. Trump (2025-Present)US Department of Justice, Office of the Pardon Attorney. Government press release. Updated 20 October 2026.Official list of pardons and commutations since 2025, latest grant 13 October 2026. It lists no grant to Holmes or her former co-defendant. It does not show pending petitions.Link working, checked 25 October 2026