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Theranos founder Elizabeth Holmes' appeal to be heard in San Francisco federal court

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Theranos Founder Elizabeth Holmes' Appeal To Be He News

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The appeal hearing arrives one year after Holmes began a more than 11-year sentence at a Texas prison for defrauding investors with false claims about her company's blood-testing technology.

Disgraced Theranos founder Elizabeth Holmes' appeal will be heard at a federal courthouse in San Francisco on Tuesday.

"Substantial evidence showed that Holmes and Theranos' scientists believed in good faith that Theranos had developed technology that could accurately run virtually any blood test," the attorneys added. "Her claims are meritless, but, regardless, unavailing given the overwhelming evidence and independent categories of fraudulent statements Holmes made," prosecutors said in a court filing last August.

 

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