Tag: Shkreli

Martin Shkreli probed over report he’s still running company

The U.S. Bureau of Prisons said on Friday it was investigating former drug company executive Martin Shkreli’s conduct in prison after the Wall Street Journal reported he was still helping run his old company using a contraband cellphone. “When there are allegations of misconduct, they are thoroughly investigated and appropriate action is taken if such allegations are proven true,” the…

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Prosecutors Seek to Revoke Shkreli’s Bail, Citing Post About Clinton – The New York Times

Martin Shkreli’s social-media habits have once again gotten him in serious trouble: A post of his about Hillary Clinton set off a Secret Service investigation and a request from federal prosecutors to revoke his bail because he poses “a risk of danger to the community.” Prosecutors told the federal judge overseeing Mr. Shkreli’s case that they were concerned that his…

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Martin Shkreli is found guilty of three of eight securities fraud charges – The Washington Post

A Brooklyn jury on Friday found Martin Shkreli, the former hedge fund manager notorious for brazenly raising the price of a critical drug, guilty of defrauding his investors. Shkreli shook his head in apparent disbelief as the first of three guilty verdicts was read. His father, who attended every day of the more than four-week trial, put his head in…

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Martin Shkreli Fights U.S. Bid to Delay SEC’s Civil Case – Bloomberg Business

The civil case, brought by the U.S. Securities and Exchange Commission, “jeopardizes Mr. Shkreli’s livelihood, reputation and future career prospects” and should move forward, his attorneys said in a court filing Thursday. The lawyer charged along with Shkreli, Evan Greebel, also asked to allow some information-sharing to proceed in the SEC’s case. via Martin Shkreli Fights U.S. Bid to Delay…

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