Elizabeth Holmes convicted of fraud but acquitted on other charges

Former Theranos CEO Elizabeth Holmes has been convicted of four counts of fraud, but she was acquitted of four other charges. The jury said earlier they were deadlocked on the three remaining charges. 

Holmes showed no reaction as the verdicts were read, sitting alongside her defense team, CBS San Francisco reports.

A judge will determine her sentence at a later date. Holmes could now face up to 20 years in prison for each count.

Earlier Monday, U.S. District Judge Edward Davila called the jury back to the courtroom where the lengthy trial has taken place in order to poll jurors on the three felony charges that they said they were hopelessly deadlocked on.

Holmes, a once-celebrated entrepreneur, is accused of duping investors and patients about a flawed blood-testing technology that she hailed as a medical breakthrough.

After receiving a note from the jury on Monday afternoon, U.S. District Judge Edward Davila summoned the eight men and four women back to the courtroom where Holmes' trial took place. He urged them to re-examine their positions while adhering to their instructions to only return a guilty verdict if convinced beyond a reasonable doubt.