Judge likely to sentence former Outcome Health CEO Rishi Shah on Wednesday

A federal judge will likely sentence former Outcome Health CEO Rishi Shah on Wednesday, after spending Tuesday hearing arguments and testimony about how much money clients and investors lost because of fraud at the company.

Shah was convicted of fraud after a 10-week-long trial last year. His sentencing hearing began Tuesday, with government prosecutors asking U.S. District Judge Thomas Durkin to sentence Shah to 15 years in prison.

Part of the reason they want him sentenced to 15...