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Elizabeth Holmes Judge Upholds Conviction in Preliminary Ruling

  • Convicted Theranos CEO’s lawyers extolled her accomplishments
  • ‘Not every investor heard every lie,’ US prosecutor told judge
Elizabeth Holmes arrives at federal court in San Jose, Calif., US, on Sept. 1.
Elizabeth Holmes arrives at federal court in San Jose, Calif., US, on Sept. 1.Photographer: Nic Coury/Bloomberg
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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.