A federal judge will decide on Friday whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence.
"She will be no more of a flight risk after she is sentenced that she was while awaiting sentencing," Levin said. "We have to temper our sentences with some measure of humanity."
"There is a pretty healthy debate about what kind of sentence is needed to effect general deterrence to send a message to others who are thinking of crossing that line from sharp salesmanship into material misrepresentation," Kramer said.Federal prosecutor Robert Leach emphatically declared Holmes deserves a severe punishment for engineering a scam that he described as one of the most egregious white-collar crimes ever committed in Silicon Valley.
Even though Holmes was acquitted by a jury on four counts of fraud and conspiracy tied to patients who took Theranos blood tests, Leach also asked Davila to factor in the health threats posed by Holmes' conduct.
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Elizabeth Holmes Sentencing: Former Theranos CEO faces judgment dayU.S. District Judge Edward Davila's decision - and Holmes' reporting date for a potential stint in prison -- could be affected by the former entrepreneur's second pregnancy in two years.
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Elizabeth Holmes faces possible prison time as sentencing beginsFormer Theranos CEO Elizabeth Holmes faces sentencing from a federal judge Friday.
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Judge denies disgraced former Theranos CEO Elizabeth Holmes' motion for new trialTheranos founder Elizabeth Holmes, who was convicted of lying to investors in her blood-testing start-up, is about to learn her sentence.
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Former Theranos CEO Elizabeth Holmes set to be sentencedFormer Theranos CEO Elizabeth Holmes is set to be sentenced on Friday, 10 months after a jury found her guilty of defrauding investors in the failed blood-testing company.
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Elizabeth Holmes faces 15 year sentence in Theranos fraudA federal judge will decide today whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
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