Edward Davila

Elizabeth Holmes Sentenced to 11 Years in Prison for Theranos Fraud, Exposing Regulatory Failures

| Importance: 8/10

U.S. District Judge Edward Davila sentences Theranos founder Elizabeth Holmes to 135 months (11 years, 3 months) in federal prison plus three years supervised release for defrauding investors of over $140 million. Holmes is ordered to surrender on April 27, 2023 to begin serving her sentence. …

Elizabeth Holmes Edward Davila U.S. Department of Justice Theranos FDA +1 more corruption fraud regulatory-capture tech healthcare +3 more
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