Judge delays Elizabeth Holmes' sentencing to hear motion for new trial

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It looks like Theranos founder and CEO Elizabeth Holmes gets to stay out of prison for a few more weeks.

On Monday, Judge Edward Davila ordered that the sentencing of Holmes, scheduled for Oct. 17, be delayed so that he could hold an evidentiary hearing on her request for a new trial.

Holmes faces up to 20 years in prison and a fine of up to $250,000 on each of the four counts of wire fraud. Federal prosecutors countered with a sworn declaration from Rosendorff, stating that he answered all the questions put to him"truthfully" at trial, that he stood by his testimony, and that he had"no reason to believe that the government misrepresented or otherwise created a misimpression about" Holmes' conduct at Theranos.

Davila said he did not need to hear any further argument or evidence before deciding Holmes' two other motions for a new trial.

 

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