The end of the Theranos drama may be near, but we are not talking about the show. A sentencing date has been set for the founder of Theranos after she was convicted of fraud.
She put a lot of blood, sweat, and tears into her startup, but she wasn't ready to go to jail without a last-ditch effort to reverse her conviction. The company's former lab director, Adam Rosendorff, was a key witness for the prosecution and was the subject of a request for a re trial.
In September, the defense issued three motions for a new trial, one of which claimed that Rosendorff left a voicemail for the Theranos CEO apologizing for his testimony. Billy Evans was said to have greeted Rosendorff at the home where he was told to leave. There were complaints that did not warrant a new trial.
Going through the rigmarole again would likely cause a lot of stress for those following along, waiting for a conclusion.
In October, Rosendorff told the court that his testimony was still true, even after he was questioned by the attorneys. According to the New York Times, the ex-lab head felt bad for the people who worked at Theranos. He was correct when he said that the Theranos CEO and alleged co-conspirator had lied to investors when they claimed their devices could run multiple tests on a single drop of blood. She was found guilty of several counts of wire fraud and conspiracy to commit wire fraud, but the jury didn't find her guilty of fraud against Theranos' patients.
Balwani was found guilty on a dozen counts of fraud. He is going to be sentenced in December.
The ex-lab head's testimony was credible according to the decision to deny a new trial. The judge wrote that since Rosendorff only testified to the internal operations of the company, he couldn't have changed the evidence against them.
Attorneys for the man have been trying for years to delay the trial by issuing complaints. Prospective jurors were asked if they ever read news websites that reported on the Theranos debacle.
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