Former Theranos president and COO, Ramesh “Sunny” Balwani, has had his effort to delay serving his prison sentence rejected by the 9th Circuit Court of Appeals. Balwani was sentenced to 12 years and nine months in prison for making false statements to investors and patients about the company’s fingerstick blood-testing technology.[0] His lawyers had filed an emergency motion to delay his reporting date until his appeal was decided, but the court ruled that Balwani had not raised a “substantial question” of law or fact that is “fairly debatable” and that any errors in the trial were unlikely to result in reversal or a shorter prison sentence.[1] US District Judge Edward Davila had previously promised a ruling on the motion in April.[1] Balwani’s former business partner and Theranos CEO, Elizabeth Holmes, may also seek an emergency order to delay her surrender date while the higher court decides if bail is appropriate, should the judge deny her motion.[1]
0. “Appeals Court rejects ex-Theranos exec Sunny Balwani’s plea to delay imprisonment” CBS News, 7 Apr. 2023, https://www.cbsnews.com/sanfrancisco/news/appeals-court-rejects-ex-theranos-exec-sunny-balwanis-plea-to-delay-imprisonment/
1. “Appeals court rejects bid by convicted Theranos exec Balwani to delay prison” The Almanac Online, 7 Apr. 2023, https://almanacnews.com/news/2023/04/07/appeals-court-rejects-bid-by-convicted-theranos-exec-balwani-to-delay-prison