After years of high-profile court proceedings, Elizabeth Holmes could actually be headed to prison. For real this time.
The former Theranos founder and CEO was found guilty of defrauding investors last January, but has consistently delayed and appealed her sentencing to remain out of incarceration. Though the infamous biotech entrepreneur is still appealing her 11-year sentence, a panel of Ninth Circuit judges ruled that Holmes’ legal team has not raised enough of a “substantial question” to keep her out of prison. So, unless Holmes has even more tricks up her sleeve, she will soon begin serving her prison sentence, five years after Theranos Read Entire Article
