Tuesday, 27 February 2018

Martin Shkreli responsible for $10.5m in securities scheme losses, judge rules

Martin Shkreli responsible for $10.5m in securities scheme losses, judge rulesShkreli is perhaps best known for boosting the price of a life-saving drug Daraprim by 5,000%. In a significant blow to the fortunes of disgraced “Pharma Bro” Martin Shkreli a judge ruled Monday that he was responsible for nearly $10.5m in losses in a securities fraud scheme. The decision could result in a harsher sentence for the eccentric former pharmaceutical company CEO who faces up to 20 years in prison.




from Yahoo News - Latest News & Headlines http://ift.tt/2Fwoz1P

at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

3M Refuses White House Directive to Send Masks from Singapore to U.S., Citing Concern for Asian Medical Workers

Health care manufacturer 3M has resisted pressure from the White House to import about 10 million N95 respirator masks from the company'...