Elizabeth Holmes to be sentenced nine months after guilty verdict

Elizabeth Holmes is slated to be sentenced on 26 September after being found guilty of defrauding Theranos investors, according to a court filing on Wednesday.

A California jury found Holmes, 37, guilty on four of 11 charges, including three counts of fraud and one count of conspiring to defraud private investors in the blood-testing startup. She remains free on a $500,000 bond while awaiting sentencing.

Holmes faces up to 20 years in prison for the charges but will likely receive far fewer, according to experts, given her lack of criminal history.

Holmes alleged during her trial she was abused by Balwani, who served for 10 years as co-president of the company. Balwani has strongly denied claims of mistreating Holmes.

Holmes had risen to fame and power while claiming her Theranos machines could run common blood tests on a few drops from a finger prick. Once valued at $9bn, the company collapsed after the Wall Street Journal published a series of articles that suggested its devices were flawed and inaccurate.

Holmes was acquitted on three charges, including one conspiracy to defraud patients and two charges related to patients who received inaccurate test results. One charge was thrown out earlier in the trial and the jury did not come to a verdict on the remaining three charges.

In a separate court filing, government attorneys said they plan to dismiss the three counts the jury did not reach a verdict on.