A request to toss out a conviction is common from defendants in white-collar cases, like Holmes. They're also usually denied. In July, following a separate trial, Balwani was convicted on all 12 charges against him, including 10 counts of wire fraud and two counts of conspiracy to commit wire fraud. Holmes' sentencing is scheduled for October 17, and Balwani's is set for November 15. Each could face up to 20 years in prison for each count on which they were convicted.