Author: Joel Rosenblatt, Bloomberg

[ad_1] Elizabeth Holmes misplaced her remaining request to stay free on bail whereas she appeals her fraud conviction. The ruling Tuesday by the US Court docket of Appeals in San Francisco means the Theranos Inc. founder will quickly must report back to jail to start her 11 1/4-year sentence after she was convicted by a jury final yr of defrauding traders within the blood-testing startup. Holmes had gained a short pause delaying the beginning of her jail time period whereas the appeals courtroom thought of her request. The appeals panel upheld the lower-court decide who presided over Holmes’s trial and…

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