• Federal judge bans Martin Shkreli from the pharmaceutical industry for life, orders him to pay $64.6 million fine

    13 days ago - By Business Insider

    Martin Shkreli during his wire fraud trial in New York in 2017. Drew Angerer / Getty Images Former pharmaceutical executive Martin Shkreli was handed a lifetime ban from the industry and ordered to pay a $64.6 million fine, according to a federal judge's ruling on Friday. Shkreli was sued in January 2020 for allegedly violating antitrust rules over fixing the price of the drug Daraprim and delaying "the entry of generic competition for at least eighteen months," according to the ruling. US District Judge Denise Cote said in a 135-page ruling that Shkreli's "egregious, deliberate...
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