Elizabeth Holmes launches appeal of ‘unjust’ conviction in Theranos fraud case

Elizabeth Holmes, founder of the blood-testing lab Theranos, has filed an appeal of her January 2022 conviction on four counts of fraud in connection with her time as chief executive of the company.

In a 132-page filing Monday, Holmes and her lawyers argue the federal prosecutor’s case against her “parroted the public narrative” that she knowingly and intentionally misrepresented to investors the capabilities of Theranos technology.

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Should no new trial be ordered, Holmes and her attorneys are also seeking a reduction to her sentence of more than 11 years in prison, which they called “severe” and erroneously decided.

Source: Elizabeth Holmes launches appeal of ‘unjust’ conviction in Theranos fraud case