ICYMI: Elizabeth Holmes gets a trial date

Theranos’ ex-CEO Elizabeth Holmes has a trial date of for the summer of 2020. Holmes, along with her former No. 2 Ramesh “Sunny” Balwani, are accused of defrauding investors, physicians, and patients into believing that their company’s blood-testing technology could diagnose a multitude of conditions. In a pretrial hearing on Friday, prosecutors said they would begin jury selection in late July next year, with opening arguments set for Aug. 4. Both Holmes and Balwani have pleaded not guilty, but could face up to 20 years in prison and as much as $2.7 million in fines, although that figure could go up if the government demands restitution for the alleged fraud.