Warren Buffett's one-time heir apparent who resigned in disgrace amid accusations of insider trading has pleaded for a judge to be lenient in sentencing Theranos founder Elizabeth Holmes
In his letter supporting Holmes, Sokol recounted his career and questioned whether the jury in her case knew enough about business to reach an appropriate verdict.
"Just as Ms. Holmes' decisions were not all flawless, neither is the jury system flawless," he wrote. "I accept the jury's decision in Ms. Holmes' trial. However, I also believe that such a trial revolves around extremely complex business realities which would be complicated for an experienced business person let alone someone not trained in such things as venture capital investing, accounting, proforma projections and related legal concepts and laws.
Sokol wrote that he has"no historic family or business relationship" with Holmes but met her in 2015 at a Horatio Alger Association of Distinguished Americans awards event.Subscribe to push notifications
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