Elizabeth Holmes Gets a Year Knocked Off Her Prison Term (1)

Disgraced Theranos Inc. founder Elizabeth Holmes got a year knocked off her 11 1/4-year prison term under a change in sentencing guidelines that applies to convicts with no previous criminal history.

Holmes qualified for the reduced term under a 2023 rule change allowing first-time offenders to do less time for some non-violent crimes, according to an order issued Thursday by the federal judge who sentenced her in 2022 for defrauding investors in her blood-testing startup.

“To be clear, this sentence reduction does not diminish the enormity of Holmes’s crimes, nor does it ignore the significant negative impact her conduct has ...