Former pharmaceutical executive Martin Shkreli sentenced to seven years imprisonment on fraud charges

Martin Shkreli, the former drug company executive who made headlines by jacking up the price of a lifesaving drug before he was found guilty of defrauding investors, was sentenced to 7 years and a $75,000 fine on Friday. The sentence from U.S. District Judge Kiyo Matsumoto in federal court in Brooklyn, New York, was shorter… Read More Former pharmaceutical executive Martin Shkreli sentenced to seven years imprisonment on fraud charges

Former U.S. drug executive Martin Shkreli to held responsible for $10.4million losses 

​Former U.S. drug company executive Martin Shkreli will be held responsible for $10.4 million in financial losses when he is sentenced for defrauding investors, a federal judge ruled on Monday, rejecting his argument that he did not cause any losses because his investors eventually came out ahead. The ruling from U.S. District Judge Kiyo Matsumoto… Read More Former U.S. drug executive Martin Shkreli to held responsible for $10.4million losses