‘Pharma Bro’ Shkreli freed from prison for halfway houseMay 18, 2022 GMT
NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli was freed Wednesday from prison after serving much of a seven-year prison sentence for lying to hedge fund investors and cheating investors in a drug company.
Business Highlights: Entangled sponsors, ‘Pharma Bro’January 14, 2022 GMT
Djokovic entangles sponsors in Australian Open vax uproar
NEW YORK (AP) — A lot of people are angry at Novak Djokovic. And his sponsors may just wait it out. It’s unclear if the No. 1 seed can compete Monday in the Australian Open after Australian officials again revoked his visa over his lack of a COVID-19 vaccine.
Shkreli ordered to return $64M, is barred from drug industryJanuary 14, 2022 GMT
NEW YORK (AP) — Martin Shkreli must return $64.6 million in profits he and his former company reaped from jacking up the price and monopolizing the market for a lifesaving drug, a federal judge ruled Friday while also barring the provocative, imprisoned ex-CEO from the pharmaceutical industry for the rest of his life.
‘Pharma Bro’ firm reaches $40M settlement in gouging caseDecember 8, 2021 GMT
SACRAMENTO, Calif. (AP) — A company once owned by “Pharma Bro" Martin Shkreli will pay up to $40 million to settle allegations that it jacked up the price of a life-saving medication by roughly 4,000% after obtaining exclusive rights to the drug, the Federal Trade Commission announced Tuesday.
Wu-Tang Clan album sale pays off Martin Shkreli’s court debtJuly 28, 2021 GMT
NEW YORK (AP) — An unreleased Wu-Tang Clan album forfeited by Martin Shkreli after his securities fraud conviction was sold Tuesday for an undisclosed sum, though prosecutors say it was enough to fully satisfy the rest of what he owed on a $7.4 million forfeiture order he faced after his 2018 sentencing.
AP’s Nixon wins News Leader of the Year award from NLAApril 5, 2021 GMT
NEW YORK (AP) — Ron Nixon, global investigations editor at The Associated Press, has won the first-ever News Leader of the Year award from the News Leaders Association...
‘Pharma Bro’ Shkreli loses 2nd bid for early prison releaseJanuary 19, 2021 GMT
NEW YORK (AP) — That’s another no for the “Pharma Bro.”
A federal judge has rejected convicted pharmaceutical executive’s Martin Shkreli’s second request to be let out of prison early, showing skepticism about his claim in court papers that mental health issues have weakened his immune system and made him more susceptible to contracting the coronavirus...
‘Delusional’ Martin Shkreli denied prison release by judgeMay 17, 2020 GMT
NEW YORK (AP) — A judge rejected the request of convicted pharmaceutical executive Martin Shkreli to be let out of prison to research a coronavirus treatment, noting that probation officials viewed that claim as the type of “delusional self-aggrandizing behavior” that led to his conviction...
‘Pharma Bro’ wants out of prison to research coronavirusApril 7, 2020 GMT
NEW YORK (AP) — Convicted former drug company CEO Martin Shkreli, known as “Pharma Bro,” wants to get out of prison so he can help research a treatment for the coronavirus, his lawyer said Tuesday...
NY, feds sue ‘Pharma Bro’ for ‘scheme’ to keep drug price upJanuary 28, 2020 GMT
NEW YORK (AP) — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous...
‘Pharma Bro’ moves to New Jersey _ for federal prison stayApril 19, 2018 GMT
FORT DIX, N.J. (AP) — The pharmaceutical-industry entrepreneur vilified for jacking up the price of a life-saving drug was moved Tuesday to a low-security federal prison in New Jersey...
‘Pharma Bro’ gets 7 years in prison in securities fraud caseMarch 9, 2018 GMT
NEW YORK (AP) — The smirk wiped off his face, a crying Martin Shkreli was sentenced to seven years in prison for securities fraud Friday in a hard fall for the pharmaceutical-industry bad boy vilified for jacking up the price of a lifesaving drug...
The Latest: Attorney says ‘Pharma Bro’ OK after sentenceMarch 9, 2018 GMT
NEW YORK (AP) — The Latest on the sentencing of "Pharma Bro" Martin Shkreli (all times local):
Martin Shkreli’s ex-lawyer found guilty of financial fraudDecember 28, 2017 GMT
NEW YORK (AP) — A lawyer accused of helping pharmaceutical entrepreneur Martin Shkreli cover up financial fraud was convicted on Wednesday, a result a prosecutor said should send a "powerful message" through the legal profession...
Pharma Bro Martin Shkreli has bail revoked, heads to jailSeptember 14, 2017 GMT
NEW YORK (AP) — A judge jailed former pharmaceuticals company CEO Martin Shkreli on Wednesday after finding that he violated his bail on a securities fraud conviction with a social media posting she agreed posed a threat to Hillary Clinton...
Experts: Lack of remorse could bite ‘Pharma Bro’August 5, 2017 GMT
NEW YORK (AP) — Less than an hour after a U.S. jury convicted Martin Shkreli of securities fraud, the so-called "Pharma Bro" was back at his New York City apartment doing what comes naturally: trash talking in a live-stream on YouTube...
Convicted ‘Pharma Bro’ has an image problem, lawyer concedesAugust 5, 2017 GMT
NEW YORK (AP) — Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide "Pharma Bro" persona on social media, was convicted Friday on federal charges he deceived investors in a pair of failed hedge funds...
‘Pharma Bro’ won’t stop talking, except to jury in trialJuly 26, 2017 GMT
NEW YORK (AP) — "Pharma Bro" Martin Shkreli has kept up his trademark trolling on social media during his securities fraud trial — calling the case "bogus" — but the jury won't hear him defend himself in court.
Shkreli jury selection expected to take a third dayJune 28, 2017 GMT
NEW YORK (AP) — Jury selection at the securities fraud trial of a former pharmaceutical CEO notorious for price-gouging hit a rough patch on Tuesday as the court struggled to pick a pool of prospective jurors who could ignore a swirl of bad publicity for the defendant...
Martin Shkreli, aka ‘Most Hated Man in America,’ offers tips to Donald TrumpFebruary 16, 2017 GMT
“Pharma Bro” Martin Shkreli, the former hedge fund manager who gained notoriety as the “Most Hated Man in America” after hiking the price of an important AIDS drug, went to Harvard last night to lay out the advice he hopes to give President Trump about lowering health care costs.