The defense for disgraced biotech mogul Elizabeth Holmes, who once had an estimated net worth of $4.5 billion, is objecting to proposed changes in her case that include $250 monthly payments to victims.
In a filing in federal court in California, the team argued that implementing prosecutors' proposed restitution schedule would amount to a significant modification to the outcome of Holmes' fraud trial.
In November, the 39-year-old former CEO was sentenced to more than 11 years in federal prison for misleading investors about the speed, convenience and capability of high-tech blood tests developed by the Silicon Valley company she ran, Theranos.
The San Jose federal court found that she and Theranos COO Ramesh Balwani, convicted in a separate trial of 12 counts of fraud and conspiracy, are liable for covering more than $452 million in investor losses.
Get top local stories in Connecticut delivered to you every morning. Sign up for NBC Connecticut's News Headlines newsletter.
Holmes is appealing the decision; Balwani has been unsuccessful in his appeals.
Read the full story on NBCNews.com here.
