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Theranos Founder Elizabeth Holmes Possible Faces September Sentencing

Theranos Founder Elizabeth Holmes Possible Faces September Sentencing

Prosecutors have proposed a mid-September sentencing date for Theranos Inc. founder Elizabeth Holmes and stated they don’t plan to pursue three costs that deadlocked the jury at her criminal-fraud trial.

The disclosures in a Tuesday night court docket submitting come simply over per week after a jury convicted Ms. Holmes of 1 depend of conspiracy to commit wire fraud and three counts of wire fraud for deliberately deceiving traders about her now-defunct blood-testing startup. The jurors acquitted Ms. Holmes of 4 counts tied to Theranos sufferers and failed to succeed in a unanimous verdict on three others associated to defrauding traders, leaving the federal government with the choice of retrying the undecided counts.

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