Elizabeth Holmes tries and fails to get jury’s fraud verdict thrown out for good

Elizabeth Holmes tries and fails to get jury’s fraud verdict thrown out for good

2 years ago
Anonymous $Dcz6_RW03I

https://www.mercurynews.com/2022/09/01/elizabeth-holmes-tries-and-fails-to-get-jurys-fraud-verdict-thrown-out-for-good/

Theranos founder Elizabeth Holmes, convicted by a jury in January of four counts of defrauding investors in her now-defunct Palo Alto blood-testing startup, appeared in federal court in San Jose on Thursday seeking to have the verdict thrown out, with no new trial. But the judge in a preliminary ruling denied her bid.

“The evidence does support the jury’s findings,” Judge Edward Davila said, adding that he would review arguments by the defense and prosecution, and earlier court filings from both sides, before issuing a final decision in writing soon.