Partner Keri Axel Quoted by Yahoo!  Finance on Elizabeth Holmes’ Sentencing

Former federal prosecutor Keri Curtis Axel, quoted by Yahoo! Finance November 18, 2022 on Elizabeth Holmes’ sentencing hearing for her fraud and conspiracy conviction related to the blood-testing venture Theranos, said, “the judge has pretty broad discretion to depart almost entirely from [the guidelines] if he chooses to do so.”

Government prosecutors asked Judge Edward Davila, who presided over the case, to sentence the former Theranos CEO to 15 years in federal prison, plus three years of supervised release. Holmes’ defense attorneys asked the judge not to send Holmes to prison and instead sentence her to only 18 months house arrest.