Holmes and Balwani’s appeal falls flat as court upholds fraud convictions

TechCrunch
By Connie LoizosFeb 24, 2025, 5:01 pm197 pts
Elizabeth Holmes and Ramesh “Sunny” Balwani’s appeals to overturn their fraud convictions and reduce their prison sentences were denied Monday by the Northern District Court of California, which also refused to soften their $452 million joint restitution order. Holmes, the founder of Theranos, and…

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