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Elizabeth Holmes Gets to Stay Out of Prison a Little Longer, Court Rules

The Theranos founder will have more time to spend with her two young children, including her newborn, Invicta.

2023-03-17T173048Z_118303836_RC2TVZ9FOCRJ_RTRMADP_3_THERANOS-HOLMES_kt03et

Carlos Barria/Reuters

Just a day before she was scheduled to report to prison, Theranos founder Elizabeth Holmes received a reprieve from the Ninth Circuit Court of Appeals. According to court rules, any appellant who files a motion while out on bail gets to remain on bail until a ruling is issued—and Holmes’ attorneys have appealed her conviction to the ninth circuit. That means that the 39-year-old—who was sentenced to 11 years in prison in November—will have at least a little bit longer to spend time with her two children, including her newborn daughter, Invicta, whose name is based on the Latin word for “unconquered.”

Read it at CNBC

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