Holmes to face maximum of 80 years in prison when she’s sentenced in September
Enlarge / Theranos founder and former CEO Elizabeth Holmes leaves the Robert F. Peckham Federal Building in San Jose, California, on December 17, 2021. (credit: Justin Sullivan/Getty Images)
Elizabeth Holmes' trial was delayed for months, and now her sentencing will be similarly held up. The judge in her trial scheduled the hearing for late September.
US District Judge Edward Davila's order, issued yesterday, set sentencing for September 26. He also set aside June 16 to address motions that Holmes' attorneys are likely to file in which they may ask for the conviction to be reversed or for a new trial.
Holmes was convicted earlier this month of three counts of wire fraud and one count of conspiracy to commit wire fraud. The jury was hung on three counts, which prosecutors moved to dismiss in a filing made jointly with Holmes' attorneys. The former CEO of Theranos was acquitted of the remaining charges of wire fraud against patients.
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