Theranos’ Elizabeth Holmes Denied Release Pending Appeal; Judge Doubts Reversal

Mealey's (April 12, 2023, 2:09 PM EDT) -- SAN JOSE, Calif. — A California federal judge denied a motion by Theranos Inc. founder Elizabeth A. Holmes for release from her April 27 prison date, saying that although Holmes is not a flight risk or a danger to the community, she has not raised substantial questions of law or fact that, if upheld on appeal, would result in a reversal of her investor fraud conviction or a new trial....