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Tribune News Service
Tribune News Service
Business
Joel Rosenblatt

Elizabeth Holmes appeals Theranos fraud conviction, prison term

Elizabeth Holmes appealed her criminal fraud conviction, two weeks after she was ordered to serve 11 1/4 years in prison for deceiving investors in her blood-testing startup Theranos Inc.

Lawyers for Holmes, 38, filed a single-page notice of appeal late Friday in federal court in San Jose, California, without disclosing on what grounds the Theranos founder and former CEO will ask the 9th U.S. Circuit Court of Appeals to overturn the guilty verdict reached by a jury 11 months ago.

Legal experts said her appeal was widely expected and faces long odds because U.S. District Judge Edward Davila went to great lengths to be fair to both sides starting when Holmes was indicted in 2018, continuing through her four-month trial late last year and concluding with her sentencing last month.

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