Disgraced Theranos CEO Elizabeth Holmes has apparently behaved well enough during the first six weeks of her more than 11-year prison sentence for duping investors in her blood-testing hoax to be eligible for release nearly two years ahead of schedule.
Elizabeth Holmes' attorneys are pushing back citing “limited financial resources” available to the disgraced founder of Theranos.
Lawyers for Theranos founder Elizabeth Holmes say she should not have to pay restitution once she's released from prison.
Elizabeth Holmes, 39, must report to federal custody in Bryan, Texas on Tuesday after exhausting all of her options to remain out of custody. Holmes was convicted of fraud and conspiracy and sentenced to 11 years in prison for defrauding investors in her failed blood-testing company Theranos.
Theranos founder, Elizabeth Holmes, will report to a federal prison in Texas on Tuesday morning.
Theranos founder Elizabeth Holmes must begin her prison sentence for fraud on May 30.
A judge ordered Elizabeth Holmes to pay $452 million in restitution to the victims of her crimes.
In a one-page order issued Tuesday afternoon, the U.S. Court of Appeals for the 9th Circuit denied a motion by convicted Theranos founder and CEO Elizabeth Holmes to stay out of prison while she appeals her conviction for wire fraud.
Elizabeth Holmes briefly delayed her self-surrender date for federal prison – originally set for Thursday – by filing a last-minute appeal with the Ninth Circuit Court of Appeals.
Former Theranos executive Ramesh “Sunny" Balwani, 57, began serving his prison term Thursday at FCI Terminal Island prison in San Pedro, Calif.
A federal judge has ruled that disgraced Theranos founder Elizabeth Holmes must report to the federal Bureau of Prisons and begin serving her sentence while the appeal of her fraud convictions is pending.
Former Theranos executive Ramesh "Sunny" Balwani will be heading to prison later this month after an appeals court rejected his bid to remain free while he contests his conviction for carrying out a blood-testing hoax with his former boss and lover, Elizabeth Holmes.
At a court hearing on Friday morning, lawyers for convicted Theranos founder and CEO Elizabeth Holmes argued that her upcoming prison term should be delayed until a higher court has reviewed the case.
The convicted Theranos fraudster is asking a judge to let her remain out of prison pending appeal.
Federal prosecutors feared Theranos founder Elizabeth Holmes would flee the country after she was convicted of fraud in 2022, according to new court documents.
Former Theranos chief operating officer Sunny Balwani was sentenced to 13 years in prison after being convicted of fraud for his role in the failed blood testing company.
A federal judge is recommending that Theranos founder Elizabeth Holmes serve her sentence at a federal prison camp in Texas.
Former Theranos CEO Elizabeth Holmes was sentenced to 11.25 years in federal prison Friday and three years of supervised release, a federal judge decided.
A federal court judge is scheduled to sentence convicted fraudster Elizabeth Holmes on Friday, wrapping up a complex legal saga that has captured international attention and prompted scrutiny of Silicon Valley’s business culture.
A federal court judge is scheduled to sentence convicted biotech fraudster Elizabeth Holmes on Friday, wrapping up a complex legal saga that has captured international attention and prompted scrutiny of Silicon Valley’s business culture.