Former Theranos exec seeks to avoid lengthy prison sentence
Published
Former Theranos executive Ramesh “Sunny” Balwani has returned to federal court in a last-ditch attempt to stay out of prison while he's appealing a jury’s verdict convicting him of orchestrating a blood-testing hoax with his former boss and lover, Elizabeth Holmes. A judge on Friday oversaw arguments about Balwani’s attempt to delay the start of his nearly 13-year prison sentence. The judge also heard a vigorous debate about how much money Balwani should pay investors and patients duped by the Theranos scam. The judge didn't rule Friday, but a decision on Balwani's bid to remain free is expected before March 15 when he is scheduled to report to prison.
Full Article