Elizabeth Holmes trial: A key witness retracts his evidence after apologizing

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Elizabeth Holmes CEO of Theranos, was found guilty of fraud. After all, blood-testing equipment was vaporware.

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After Adam Rosendorff informed her that he believed "he had done something wrong," the founder of Theranos asked for a new trial.

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He was slated to be sentenced on October 17 after being found guilty on four of 11 charges of fraud for her part in the blood-testing business.

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However, the sentencing was postponed when a crucial prosecution witness expressed regret over his part in her conviction.

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Rosendorff acknowledged that Theranos employees had put in a lot of effort and hinted at possible government misconduct in the trial to Holmes'

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Business associate William "Billy" Evans. Holmes submitted three different motions for a fresh trial.

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"Dr. Rosendorff's comments about Ms. Holmes' intent and his words expressing his dissatisfaction with....

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How the government presented his trial testimony cast serious question on the validity of the jury's finding against Ms. Holmes.

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The Court should hold an evidentiary hearing or, at the very least, give a fresh trial "The fraudster's attorneys said.

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