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Freeman writes:

https://arstechnica.com/science/2023/01/ftc-shkreli-may-have-violated-lifetime-pharma-ban-should-be-held-in-contempt/

Infamous ex-pharmaceutical executive Martin Shkreli is yet again in trouble with the Federal Trade Commission, which announced today that the convicted fraudster has failed to cooperate with the commission's investigation into whether he violated his lifetime ban from the pharmaceutical industry by starting a company last year called "Druglike, Inc."
[...]
At the center of the dispute is whether Shkreli's co-founding of Druglike runs afoul of his lifetime ban from the pharmaceutical industry, which was in response to Shkreli's infamous move to raise the price of the cheap, life-saving anti-parasitic drug, Daraprim, from $17.50 a pill to $750 a pill in 2015.
[...]
The FTC also noted in its court filing that Shkreli has so far failed to pay any of the $64.6 million in disgorgement he was ordered to pay alongside his lifetime ban.

Previously:
Martin Shkreli Launches Blockchain-Based Drug Discovery Platform
Martin Shkreli Accused of Running Business From Prison With a Smuggled Smartphone
Sobbing Martin Shkreli Sentenced to 7 Years in Prison for Defrauding Investors
Martin Shkreli's $5 Million Bail Revoked for Facebook Post Seeking Hillary Clinton's Hair
Martin Shkreli Lists Unreleased Wu-Tang Clan Album on eBay
Martin Shkreli Convicted of Securities Fraud Charges, Optimistic About Sentencing
Martin Shkreli Points Fingers at Other Pharmaceutical Companies

Related:
U.S. Hospitals Band Together to Form Civica Rx, a Non-Profit Pharmaceutical Company
FDA Has Named Names of Pharma Companies Blocking Cheaper Generics [Updated]
EpiPen Maker is Facing Shareholder Backlash
Mylan Overcharged U.S. Government on EpiPens
Drug Firm Offers $1 Version of $750 Turing Pharmaceuticals Pill

Original Submission

1. "Freeman" - https://soylentnews.org/~Freeman/
2. "announced today" - https://www.ftc.gov/news-events/news/press-releases/2023/01/ftc-asks-federal-court-hold-pharma-bro-martin-shkreli-contempt
3. "lifetime ban from the pharmaceutical industry" - https://arstechnica.com/science/2022/01/shkrelis-infamous-4000-price-hike-gets-him-a-lifetime-pharma-ban/
4. "Martin Shkreli Launches Blockchain-Based Drug Discovery Platform" - https://soylentnews.org/article.pl?sid=22/07/26/1221237
5. "Martin Shkreli Accused of Running Business From Prison With a Smuggled Smartphone" - https://soylentnews.org/article.pl?sid=19/03/09/0538246
6. "Sobbing Martin Shkreli Sentenced to 7 Years in Prison for Defrauding Investors" - https://soylentnews.org/article.pl?sid=18/03/10/182249
7. "Martin Shkreli's $5 Million Bail Revoked for Facebook Post Seeking Hillary Clinton's Hair" - https://soylentnews.org/article.pl?sid=17/09/16/0044211
8. "Martin Shkreli Lists Unreleased Wu-Tang Clan Album on eBay" - https://soylentnews.org/article.pl?sid=17/09/08/0233243
9. "Martin Shkreli Convicted of Securities Fraud Charges, Optimistic About Sentencing" - https://soylentnews.org/article.pl?sid=17/08/05/134224
10. "Martin Shkreli Points Fingers at Other Pharmaceutical Companies" - https://soylentnews.org/article.pl?sid=17/01/25/0427234
11. "U.S. Hospitals Band Together to Form Civica Rx, a Non-Profit Pharmaceutical Company" - https://soylentnews.org/article.pl?sid=18/09/06/1814244
12. "FDA Has Named Names of Pharma Companies Blocking Cheaper Generics [Updated]" - https://soylentnews.org/politics/article.pl?sid=18/05/19/0013250
13. "EpiPen Maker is Facing Shareholder Backlash" - https://soylentnews.org/article.pl?sid=17/06/13/223202
14. "Mylan Overcharged U.S. Government on EpiPens" - https://soylentnews.org/article.pl?sid=16/10/06/021244
15. "Drug Firm Offers $1 Version of $750 Turing Pharmaceuticals Pill" - https://soylentnews.org/article.pl?sid=15/10/26/0050205
16. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=58309

printed from SoylentNews, FTC: Shkreli May Have Violated Lifetime Pharma Ban, Should be Held in Contempt on 2024-04-23 06:02:58