'Elizabeth Holmes Sentenced Over 11 Years in Prison for

Over 11 Years in Prison for

Elizabeth Holmes,

the founder and former CEO of the doomed medical startup firm Theranos, has been sentenced

25 years in

prison for her role in defrauding investors and consumers about the potential of her company’

Holmes’ sentence

will be followed by three years of supervised release

She will

be required to self-surrender at a later date, according to NBC

District Court

Judge Edward Davila announced the sentencing Friday after a hearing that lasted over four hours

As sentencing

her to 11 years and three months in prison, Holmes tearfully hugged her family as the

Davila presided

over the Holmes trial in federal court in San Jose last fall and winter, which

Holmes, who

is currently pregnant with her second child, had been facing as much as 20 years in

Judge Davila

said that while the loss from investors totals over $300 million, the court will determine how

In the

trial, Holmes delivered a tearful testimony in which she said, “I stand before you taking

UTA Agent Cheryl Paglierani

Executive of the Week