Bloomberg Law
Sept. 1, 2022, 8:03 PM

Elizabeth Holmes Judge Upholds Conviction in Preliminary Ruling

Joel Rosenblatt
Joel Rosenblatt
Bloomberg News

Lawyers for Theranos Inc. founder Elizabeth Holmes failed in a long-shot attempt to get her fraud conviction thrown out by telling the judge who oversaw her trial a version of events that highlighted her company’s accomplishments.

US District Judge Edward Davila on Thursday issued a preliminary ruling upholding the guilty verdict reached by a jury in January.

Holmes’s bid to get the judge to overturn the verdict was a gamble that almost all white-collar criminal convicts make, and rarely win. It’s a procedural step to challenge a conviction on appeal.

The 38-year-old was convicted of defrauding investors and conspiracy for ...

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