Elizabeth Holmes: Theranos fraudster likely to avoid sentencing for eight months
In this file photo, former Theranos founder and CEO Elizabeth Holmes arrives at the Robert F. Peckham U.S. Federal Court on June 28, 2019, in San Jose, California. - Justin Sullivan/Getty Images North America/TNS

Elizabeth Holmes, the Theranos founder convicted of four counts of felony criminal fraud by a jury earlier this month, probably will not receive her sentence until after Labor Day, according to a new court filing. Federal prosecutors and her defense team have agreed to put off a sentencing hearing until Sept. 12, after the Sept. 5 holiday, the joint motion filed Tuesday said. Sentencing in federal criminal trials usually takes place within a few months. The filing describes the reason for the delay as related to "ongoing proceedings in a related matter." The federal fraud trial of Holmes' co-a...