By TOM HAYS and COLLEEN LONG, Associated Press NEW YORK (AP) — Martin Shrkeli, the smirking “Pharma Bro” vilified for jacking up the price of a lifesaving drug, was sentenced Friday to seven years in prison for defrauding investors in two failed hedge funds. The self-promoting pharmaceutical executive notorious for trolling critics online was convicted in …
By TOM HAYS, Associated Press NEW YORK (AP) — Former pharmaceuticals company CEO Martin Shkreli had his bail revoked and was headed to jail Wednesday while awaiting sentencing for a securities fraud conviction. A judge heard arguments about whether the provocative online antics of Shkreli, dubbed the Pharma Bro, were bad enough to put him behind …
Martin Shkreli, the 34-year-old “pharma bro” who has been called the “face of corporate greed,” was ordered on Wednesday to stop talking about his federal securities-fraud trial. As reported by CNBC, U.S. District Judge Kiyo Matsumoto ruled on the prosecution’s gag order request. “All your client has to do is stop talking in the courthouse …
Martin Shkreli earned his “Pharma Bro” nickname when he bought rights to an AIDS drug and then raised the price from $13 to $750 a pill. The 34-year-old Wall Street investor’s move to hike the drug price by 5,000 percent even drew the attention of then-presidential candidate Donald Trump who suggested he was a spoiled …
