“The settlement marks a further humiliation for Holmes, a Silicon Valley star who at one point was the youngest self-made woman billionaire with $4.5 billion in net worth.”
So if she’s worth this much, why didn’t the SEC just tell her to pay up?
“$500,000 while neither admitting nor denying the accusations”
What a tiny slap on the wrist! Stole $700 million from investors; because worth $4.5 million.
It’s like letting McCabe and Lois Lerner retire with their pensions after decades of government corruption.
She should have been banned from all boards of directors and executive positions of trust for life.
She doesn’t have anything. That was the estimation based on the assumption that her blood test machine works.
“So if she’s worth this much, why didn’t the SEC just tell her to pay up?”
paper net-worth, based on estimates of what her stock options MIGHT be worth ... it was all hokum all along ... the leftist fake stream media just LOVED her and ceaselessly built her up because they could FINALLY point to a FEMALE TECH SUCCESS ...
That is based on the estimated worth of her company, which is pretty much going to be worth nothing soon. So her present and future networth will be almost nothing.