Theranos founder Elizabeth Holmes is expected to appeal the sentence.
Elizabeth Holmes, founder and former CEO of blood testing and life sciences company Theranos, walks with her mother Noel Holmes and partner Billy Evans into the federal courthouse for her sentencing hearing on Nov. 18, 2022 in San Jose, Calif.Elizabeth Holmes, the founder of shuttered blood testing company Theranos, was sentenced to 135 months, or 11 1/4 years, in prison on Friday for defrauding investors.
Prosecutors appealed for Holmes to be sentenced to 15 years in prison, calling it "one of the most substantial white collar offenses" in Silicon Valley history. Regardless of the sentence, Holmes and her family will face ongoing hardship as a result of widespread criticism of Holmes, her legal team said. "here is no avoiding the scorn that accompanies Elizabeth Holmes," Billy Evans, her husband, said in the court filing.in January on four counts of investor fraud and conspiracy while at the helm of Theranos.
Since her conviction, Holmes has filed three unsuccessful requests for a new trial, citing freshly available evidence. She has remained free on bail. Holmes confirmed last week she is also pregnant.
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Former Theranos CEO Elizabeth Holmes set to be sentencedFormer Theranos CEO Elizabeth Holmes is set to be sentenced on Friday, 10 months after a jury found her guilty of defrauding investors in the failed blood-testing company.
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Elizabeth Holmes faces judgment day for her Theranos crimesA federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
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Elizabeth Holmes faces judgment day for her Theranos crimesA federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
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Convicted Theranos Founder Elizabeth Holmes to Be Sentenced FridayElizabeth Holmes, the founder of disgraced blood-testing company Theranos, has asked a federal judge for leniency for her fraud crimes
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Elizabeth Holmes faces judgment day for her Theranos crimesA federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
Weiterlesen »