Terranos founder Elizabeth Holmes arrives on May 30, 2023 at a federal prison camp in Brian, Texas, to begin serving her sentence to deceive investors at a failed blood test startup.
I’m going to Nakamura | Reuters
Former Theranos CEO Elizabeth Holmes lost her bid on Thursday to sue a rehearsal complaint for a 2022 fraud conviction.
The 9th Circuit denied Holmes’ request for rehearsal before a panel of three former judges who upheld her conviction.
At the same time, the court said that circuit judges did not seek a vote on whether the full court would rehearse the appeal.
The decision leaves Holmes in the Supreme Court as his last chance to revoke her conviction. She must ask the court to listen to the trial.
Holmes, 41, was sentenced to prison in January 2023 after being convicted of four counts of wire fraud in January 2022.
She was found guilty of deceiving an investor about her ability Terranosa blood collection company she founded in 2003. The company collapsed after the Wall Street Journal story outlined the company’s struggle in 2018 and closed it.
Holmes and former Terranos executive Ramesh “Sunny” Balwani were sentenced to 13 years in prison for fraud, but were ordered to pay $452 million in reparations.
Balwani was Holmes’s leader and ex-girlfriend.
Holmes began serving sentences at the women’s federal prison in Brian, Texas on May 30, 2023. She has since shaved her sentence. July 2023, approx. 2 years It was cut and her time was reduced by another four months in May 2024.
Holmes, once New Star I have two children from Silicon Valley. One was born before the trial in 2021, and the next child was born after her sentence.
– CNBC’s Scott Cohn contributed to this report.
