51 Articles
51 Articles
Theranos Founder Holmes Denied Request for New Trial, Court Filings Show
Theranos founder Elizabeth Holmes’ request for a new trial was denied by a federal judge in California late on Monday, court documents showed. In January, Holmes, 37, was found guilty of defrauding investors in the blood testing startup, convicting her on four of 11 counts. She was convicted of investor fraud and conspiracy, but acquitted on three counts of defrauding patients who paid for tests from Theranos, and a related conspiracy charge. In…
The rise and fall of Elizabeth Holmes, the former Theranos CEO found guilty of wire fraud and conspiracy, who awaits sentencing in mere days after being denied all three of her motions for a new trial
Elizabeth Holmes is due to be sentenced November 18 after a judge denied three motions she filed seeking a new trial. She could get decades in prison.
Bid for new trial fails, Elizabeth Holmes awaits sentencing
The ruling issued late Monday is the latest setback for Holmes, a former Silicon Valley star who once boasted an estimated net worth of $4.5 billion but is now facing up to 20 years in prison that would separate her from her 1-year-old son.
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