Supreme Court rejects ‘Pharma Bro’ Martin Shkreli’s appeal of penalties
The U.S. Supreme Court on Monday heard former pharmaceutical CEO Martin Shkreli's challenge to a $64.6 million fine imposed by a judge after he raised the price of a life-saving drug by more than 4,000%. was rejected. The justices rejected Shkreli's appeal of a lower court ruling in 2015 that upheld a penalty equal to […]
Court upholds ‘Pharma Bro’ Martin Shkreli’s pharmaceutical industry ban
A federal appeals court on Tuesday upheld a permanent ban on businessman Martin Shkreli from the pharmaceutical industry. The U.S. Court of Appeals for the Second Circuit upheld a district court's ruling against Pharma Bro, barring him from participating in the pharmaceutical industry and charging him with a “nearly $65 million fine for his role […]
‘Pharma Bro’ Martin Shkreli’s lifetime drug industry ban upheld
Martin Shkreli, once known for raising the price of life-saving drugs by more than 4,000%, will not be able to return to the pharmaceutical industry after a federal appeals court on Tuesday upheld his lifetime ban. A three-judge panel of the 2nd Circuit Court of Appeals in Manhattan said the lower court judge acted appropriately […]