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Theranos’ Holmes to be sentenced in September for fraud conviction

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Reuters

By Jody Godoy (Reuters) – Theranos founder Elizabeth Holmes is slated to be sentenced on Sept. 26 on her convictions for defrauding investors in the blood-testing startup, according to a court filing on Wednesday. Holmes, 37, was convicted on Jan. 3 on three counts of fraud and one count of conspiring to defraud private investors in the company. She remains free on a $500,000 bond secured by properties. Holmes plans to ask the judge overseeing her case to overturn her convictions, according to court filings. If he does not, she is likely to appeal and could seek to suspend her sentence until a…

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