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FTC and seven states seek contempt finding against Martin Shkreli over pharmaceutical-industry ban

The FTC and seven states asked a federal judge to hold Martin Shkreli in contempt, alleging he violated his lifetime ban from the pharmaceutical industry.

The Federal Trade Commission and seven states filed a motion in federal court seeking a contempt finding against Martin Shkreli. They allege he traded pharmaceutical stocks and publicly commented on company business despite a court-ordered lifetime industry ban.

The motion seeks sanctions and other measures; Shkreli had not responded to the Guardian's request for comment.

Sources

  1. The Guardian — FTC and seven states seek contempt ruling against Shkreli over pharma ban ↗