Theranos founder Elizabeth Holmes isn't going to prison Thursday after all
last year on four counts of fraud and conspiracy. A last-minute filing Wednesday, however, will allow her to remain out of prison a bit longer.to remain out of prison while she appeals her conviction, ordering her to report to prison as scheduled Thursday. Holmes is now appealing the judge's decision.
According to rules in the Ninth US Circuit Court of Appeals:"If the appellant is on bail at the time the motion is filed in this Court, that bail will remain in effect until the Court rules on the motion." Since Holmes was on bail when the motion was filed, her prison reporting date has been automatically stayed.
In Wednesday's filing, Holmes' attorneys claimed the judge's denial of her request"reflects numerous, inexplicable errors," including the fact that the court referred to Holmes'"patient fraud convictions" even though she was acquitted on those charges. They go on to say the court"used the wrong legal standard to assess whether key issues presented were likely to result in reversal.
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