Judge Denies Motion By Theranos’ Balwani To Stay Out Of Prison Pending Appeal

Mealey's (March 10, 2023, 1:42 PM EST) -- SAN JOSE, Calif. — A California federal judge on March 9 denied a motion by former Theranos Inc. Chief Operating Officer Ramesh “Sunny” Balwani to be released on bail pending his appeal of his conviction on 12 counts of fraud against investors in the blood-testing startup and against patients who had their Theranos blood tests invalidated....