The decision on Holmes' attempt to avoid prison comes nearly three weeks after she deployed a last-minute legal maneuver to delay the start of her 11-year sentence.
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The trial’s most riveting moments unfolded when Holmes took the witness stand to testify in her own defense. While pursuing that audacious ambition, Holmes raised nearly $1 billion from a list of well-heeled investors that included Oracle co-founder Larry Ellison and media mogul Rupert Murdoch. Those sophisticated investors all lost their money after a Wall Street Journal investigation and regulatory reviews exposed dangerous flaws in Theranos’ technology.
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Elizabeth Holmes loses latest bid to avoid prison and gets hit with $452 million restitution billThe court decision on Holmes' attempt to avoid prison comes nearly three weeks after she deployed a legal maneuver to delay the start of her 11-year sentence.
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Elizabeth Holmes loses latest bid to avoid prison and gets hit with $452M restitution billDisgraced Theranos CEO Elizabeth Holmes appears to be soon bound for prison. An appeals court has rejected her bid to remain free while she tries to overturn her conviction in a blood-testing hoax that brought her fleeting fame and fortune.
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Elizabeth Holmes 2023: Disgraced CEO loses latest bid to avoid prison, gets $452M restitution billElizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction.
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