Attorneys Say Disgraced Theranos Founder Elizabeth Holmes Isn’t Paying Them
Elizabeth Holmes
Photo by Max Morse for TechCrunch
The Mercury News reports that lawyers representing disgraced Theranos founder and accused fraudster Elizabeth Holmes said in a civil case claim she hasn’t paid them for more than a year and probably never will, according to court records, and they don’t want to be her lawyers anymore.
“Ms. Holmes has not paid Cooley [LLP] for any of its work as her counsel of record in this action for more than a year,” lawyers Stephen Neal, John Dwyer and Jeffrey Lombard said in the filing. They are asking the court for approval to stop representing Holmes.
Holmes faces maximum penalties of 20 years in prison and a $2.75 million fine, plus possible restitution, according to Ethan Baron of the News.
Read the Mercury News article.
