Elizabeth Holmes, the former Theranos founder convicted of defrauding investors, has formally asked President Donald Trump to reduce her prison sentence, according to a clemency request submitted to the US Department of Justice last year. Holmes was found guilty in 2022 and began serving an 11-year federal sentence in 2023 at a prison camp in…
Judges have recently heard an appeal by Elizabeth Holmes, the founder of Theranos, challenging her conviction for defrauding investors in her blood-testing company. An appeal was also presented for Ramesh “Sunny” Balwani, the startup’s president and Holmes’s former partner, in the San Francisco federal court. Holmes and Balwani were tried separately in 2022 and received…
Elizabeth Holmes, the infamous former CEO of Theranos, is making a determined bid to overturn her 11-year prison sentence for defrauding investors. Holmes’ legal team is set to argue her appeal before a California court on Tuesday, challenging several decisions made during her 2022 trial. Holmes, currently serving her sentence in a minimum-security facility in…
Disgraced former Theranos CEO Elizabeth Holmes could be out of prison nearly two years earlier than expected, according to the projected release date posted by the Bureau of Prisons.Holmes reported to a Texas prison camp in late May after being sentenced to 11 years and three months in prison at the end of last year….
Elizabeth Holmes, the disgraced former Theranos CEO, is arguing that she has “limited financial means” and should not be required to pay $250 per month to the victims of her crimes once she is released from prison, according to a court filing by her lawyers. This development comes after federal prosecutors acknowledged in a separate…
Elizabeth Holmes, the disgraced CEO of Theranos, has reported to prison to commence her sentence of over 11 years for defrauding investors by misleading them about her company’s blood-testing technology. U.S. District Judge Edward Davila had previously ordered Holmes to surrender by 2 p.m. local time on Tuesday at a minimum-security facility in Bryan, Texas….
Elizabeth Holmes has been given a deadline to report to prison by May 30, according to a judge’s decision. This comes after her last-minute attempt to avoid starting her sentence was rejected by an appellate court the day before. Judge Edward Davila, who presided over Holmes’ trial, issued an order on Wednesday stating that she…
