The blood testing company’s founder could serve up to 20 years in prison after she was convicted in January on four counts of fraud
Elizabeth Holmes, the founder of Theranos, will be sentenced this week to up to 20 years in prison for her role in the blood testing company that tumbled from the heights of Silicon Valley after its fraudulent claims were exposed.
The sentencing is set to take place in a California courtroom on Friday, after a federal judge denied Holmes’s request for a new trial last week. Holmes had requested a new trial after she said a key witness for the prosecution apologized for the role he played in her conviction. Continue reading...
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