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Elizabeth Holmes sentencing hearing set for September 26 - CNN

Elizabeth Holmes sentencing hearing set for September 26 - CNN

Elizabeth Holmes sentencing hearing set for September 26 - CNN
Jan 13, 2022 41 secs

The prosecution and defense had proposed September 12 for a sentencing hearing in a court filing Tuesday, stating in the filing that "following Labor Day 2022 would be appropriate in light of ongoing proceedings in a related matter," a reference to the upcoming trial of Holmes' second-in-command at Theranos who faces the same charges as her.

In a court order signed Wednesday, Judge Edward Davila, who is presiding over Holmes' case, set her sentencing hearing for later in September.

By that point, it will have been more than a full year since her trial kicked off.

Until then, Holmes remains free on a $500,000 bond secured by property, according to the earlier filing from the prosecution and defense.

According to the indictment, Holmes faces up to 20 years in prison as well as a fine of $250,000 plus restitution for each count.

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