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Tribune News Service
Tribune News Service
Business
Ethan Baron

Elizabeth Holmes appeals fraud conviction, wants freedom until appeal is over

Theranos founder Elizabeth Holmes has appealed her felony-fraud conviction — claiming up to 10 reasons she should be granted a new trial — and is asking the court to grant her freedom until her appeal is done.

Holmes, 38, was sentenced last month to more than 11 years in prison, after her January conviction on four counts of defrauding investors in her now-defunct Palo Alto blood-testing startup out of more than $144 million.

At her sentencing in U.S. District Court in San Jose, Judge Edward Davila gave Holmes, who is pregnant with her second child, until April 27 to remain free before she begins her sentence.

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