Complete Story


Elizabeth Holmes Seeks to Avoid Prison for Theranos Fraud

'No defendant should be made a martyr to public passion,' her lawyers wrote

Elizabeth Holmes urged a U.S. judge not to send her to prison, as the founder of Theranos Inc. prepares to be sentenced next week for defrauding investors in the blood testing startup.

In a Thursday night court filing, lawyers for Holmes asked that she receive 18 months of home confinement, followed by community service, at her Nov. 18 sentencing before U.S. District Judge Edward Davila in San Jose, California.

The lawyers said prison time was unnecessary to deter future wrongdoing, calling Holmes, 38, a "singular human with much to give" and not the robotic, emotionless "caricature" seen by the public and media.

Please select this link to read the complete article from Reuters.

Printer-Friendly Version