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Judge delays Theranos founder sentencing to September

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AFP

San Francisco (AFP) – A federal judge on Wednesday set a September date for the sentencing of fallen biotech star Elizabeth Holmes, who was found guilty of defrauding investors in her blood-testing startup Theranos. Holmes is a rare example of a tech exec being brought to book over a company flaming out, in a sector littered with the carcasses of money-losing businesses that once promised untold riches. Her case shone a spotlight on the blurred line between the hustle that characterizes the industry and outright criminal dishonesty. Jurors found her guilty of four counts of tricking investors …

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