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Update-Disgraced Theranos CEO Elizabeth Holmes sentenced to more than 11 years in prison

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Theranos founder and CEO Elizabeth Holmes, center, walks into federal court with her partner Billy Evans, right, and her parents in San Jose, Calif., Friday, Nov. 18, 2022. A federal judge will decide whether Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology. (AP Photo/Nic Coury)

SAN JOSE, Calif. (AP) — Disgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit. The sentence imposed Friday by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors. But it was far tougher than the leniency her legal team sought for the mother of a year-old son with another child on the way.

—Copyright 2022 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

 

 

 

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