Elizabeth Holmes is slated to report to prison later this month while her case is under appeal.
as scheduled later this month after a federal judge rejected her bid to remain free while she appeals.
“Contrary to her suggestion that accuracy and reliability were central issues to her convictions, Ms. Holmes’ misrepresentations to Theranos investors involved more than just whether Theranos technology ‘work[ed] as promised.’” Davila wrote. Last year, Holmes was sentenced to more than 11 years in prison for lying to Theranos’ investors about the efficacy of her once-booming startup’s blood-testing technology and finances. TheIn his ruling, Davila also weighed in on a bombshell allegation from prosecutors alleging that Holmes was a flight risk because she and her partner, William Evans, had booked a one-way trip to Mexico weeks before the jury reached a verdict in her case.
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Theranos founder Elizabeth Holmes cannot remain free during appeal, judge rulesA U.S. judge on Monday denied Theranos founder Elizabeth Holmes' request to remain free on bail while she appeals her conviction on charges of defrauding investors in the failed blood-testing startup that was once valued at $9 billion.
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Theranos founder Elizabeth Holmes cannot remain free during appeal, judge rulesA U.S. judge on Monday denied Theranos founder Elizabeth Holmes' request to remain free on bail while she appeals her conviction on charges of defrauding investors in the failed blood-testing startup that was once valued at $9 billion. Holmes, who rose to fame after claiming Theranos' small machines could run an array of diagnostic tests with just a few drops of blood, was convicted at trial in San Jose, California last year. U.S. District Judge Edward Davila sentenced Holmes to 11 years and three months in prison in November.
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Judge denies Theranos founder Elizabeth Holmes appeal to remain freeDisgraced Theranos founder Elizabeth Holmes has lost her bid to remain out of federal prison while appealing her conviction for defrauding investors out of millions in one of Silicon Valley's most noteworthy startup failures.
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Judge Rejects Elizabeth Holmes’ Plea For Freedom While She Appeals Her Fraud ConvictionHolmes is expected to begin serving her sentence of 11 years and three months on April 27.
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Judge Rejects Elizabeth Holmes’ Plea For Freedom While She Appeals Her Fraud ConvictionHolmes is expected to begin serving her sentence of 11 years and three months on April 27.
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