A federal judge declined to overturn a jury’s guilty verdict against disgraced Theranos founder Elizabeth Holmes.
on four counts of fraud and conspiracy after she duped investors in her blood-testing startup.
U.S. District Judge Edward Davila is set to sentence the disgraced 38-year-old Theranos CEO on October 17. Amy Saharia, one of Holmes’ lawyers, tried to persuade the judge that the jury had acted irrationally during their deliberation. But Judge Davila decided the jurors had drawn reasonable inferences from evidence presented at the trial.
Theranos had developed a device called the Edison, which allegedly needed only a few drops of blood to scan for hundreds of health problems. Current tests generally each require a vial of blood, making it both slow and impractical to run more than a handful of patient tests at one time.
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