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Wed, March 1, 2023
Elizabeth Holmes, former CEO of Theranos, wants to delay her 11-year prison sentence and has cited the birth of her second child as a reason.
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Her appeal against her conviction for misleading investors about her company's blood-testing technology is currently underway, and a hearing is scheduled for March 17th.
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Court documents filed last week didn't reveal the gender or birth date of her second child, but it's known that she was pregnant during her sentencing on November 18th, 2022.
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She had previously delayed the start of her trial to give birth to her first child, a son, and has now had two children with her current partner, William “Billy” Evans.
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She met William “Billy” Evans after her breakup with former lover and business partner Ramesh “Sunny” Balwani.
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Balwani was also convicted of fraud and conspiracy in a separate trial and is seeking to delay the start of his own 13-year prison sentence.
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Holmes' lawyers argue that her conviction is likely to be overturned due to errors and abuses made during her trial.
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And that her unblemished record while on bail for the past four and a half years demonstrates that she is not a danger to the community or a flight risk.
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