Business Jury convicted Holmes earlier this year on charges that she misrepresented startup’s technology, finances and business to investors Source link Source link
Read MoreTag: Holmes
Elizabeth Holmes was ordered to spend more than 11 years in prison for fraudulently building her blood-testing startup Theranos Inc. into a $9 billion company that collapsed in scandal. The sentence imposed Friday by US District Judge Edward Davila in San Jose, California, is far closer to the 15-year term prosecutors asked […]
Read MoreFormer Theranos CEO Elizabeth Holmes arrives at federal court in San Jose, Calif on Friday, Nov. 18, 2022 Photo: Brian L. Frank for The Wall Street Journal Nov. 18, 2022 9:28 am ET The judge who oversaw the criminal-fraud trial of the Theranos founder has broad legal discretion amid lawyer recommendations, precedent and other factors. […]
Read MoreBy Michael Siconolfi Nov. 18, 2022 5:30 am ET Listen to article (2 minutes) Elizabeth Holmes‘s journey from Silicon Valley superstar to felon is slated to culminate Friday during a hearing in which a federal judge will sentence her. The 38-year-old Ms. Holmes, who is pregnant with her second child, was convicted by a jury […]
Read MoreTech Federal judge who oversaw her criminal-fraud proceedings says a new trial unlikely to result in an acquittal Source link Source link
Read More