A three-judge panel for the 9th U.S. Circuit Court of Appeals in San Francisco rejected claims of legal errors at their separate trials held in 2022. Holmes, who started Theranos as a college student and became its public face,

The Ninth Circuit on Monday upheld the high-profile convictions of former Theranos executives Elizabeth Holmes and Ramesh “Sunny” Balwani for defrauding investors about their previous company’s achievements in blood-testing technology.