9th Circuit Denies Bail For Elizabeth Holmes Pending Appeal Of Fraud Conviction

Mealey's (May 17, 2023, 8:54 AM EDT) -- SAN FRANCISCO — Theranos Inc. founder and former CEO Elizabeth A. Holmes on May 16 had her motion for bail pending appeal of her securities fraud conviction denied by the Ninth Circuit U.S. Court of Appeals, with a panel saying there is no debatable question of law or fact and no likely outcome that is likely to result in a reversal of conviction, a new trial, a sentence of no imprisonment or a sentence shorter than the current 11-year term....