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Elizabeth Holmes, the disgraced founder of Theranos, must go to prison, a court ruled. She and her business partner also have to pay $425 million.
(CALIFORNIA) -- Theranos founder Elizabeth Holmes will not have to report to prison this week after filing an appeal with the Ninth Circuit Court of Appeals in San Francisco. Holmes, who was convicted of four counts of fraud in January 2022 and sentenced to 11 years and three months in prison by U.S. District Judge
Hitoshi Nishimura/Getty Images(CALIFORNIA) -- Theranos founder Elizabeth Holmes will not have to report to prison this week after filing an appeal with the Ninth Circuit Court of Appeals in San Francisco. Holmes, who was convicted of four counts of fraud in January 2022 and sentenced to 11 years and three months in prison by U.S. District Judge Edward Davila in January, had filed a motion earlier this month to remain out of prison pending appeal. However, Davila denied that motion and ordered Holmes begin serving her sentence on Thursday. However, with her appeal filed Tuesday night, Holmes is...
Hitoshi Nishimura/Getty Images(CALIFORNIA) -- Theranos founder Elizabeth Holmes will not have to report to prison this week after filing an appeal with the Ninth Circuit Court of Appeals in San Francisco. Holmes, who was convicted of four counts of fraud in January 2022 and sentenced to 11 years and three months in prison by U.S. District Judge Edward Davila in January, had filed a motion earlier this month to remain out of prison pending appeal. However, Davila denied that motion and ordered Holmes begin serving her sentence on Thursday. However, with her appeal filed Tuesday night, Holmes is...
Elizabeth Holmes' reporting to prison date has been automatically stayed following her appeal of a previous decision that denied her freedom pending appeal.