Above: Martin Shkreli is escorted by law enforcement agents in NY after being taken into custody last week following a securities probe.
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Hundreds of Black Lives Matter Protestors Gather in Minneapolis Mall
He says about 100 officers from various agencies responded and that no injuries or property damage were reported . With the judge’s limited ruling, it’s unclear what additional steps the mall may take to curtail the protest.
KaloBios Pharmaceuticals, a California biotechnology company that Shkreli gained control of in November, announced Monday that he had been terminated as chief executive and had resigned from his seat on the board Thursday, the day he was arrested. Mr. Shkreli, who was accused Thursday of securities fraud in connection with his operation of a hedge fund, attended but did not graduate from Hunter College High School.
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SLIM AND NONE: Atlanta kept its slim postseason hopes alive by beating Jacksonville 23-17 last week. Talking about rushing, let’s take a moment to give a shout out to Cameron Artis-Payne.
He was charged with securities fraud and conspiracy for setting up a Ponzi-like scheme at his former hedge fund MSMB Capital Management and Retrophin Inc.
Mark Hughes: Maybe some Manchester United players don’t have right mentality
They have had a lot of possession and created a lot of chances – a bit like ourselves. We have to be strong together and try to get the better results we need.
He pleaded not guilty and was released on $5 million bail.
On Monday, he and his attorneys finally regained control of the recently arrested ex-pharmaceutical C.E.O.’s Twitter account, after it was hacked and began sending, without context, messages all-too similar to things Shkreli might actually tweet. The drug to be tested was KB003, which was being developed to treat a form of leukemia. He faces 20 years in prison if convicted. On the day of his arrest, the stock dropped 50% before being halted.
The former hedge fund manager who raised the price of an AIDS drug by 5500% has said the price hike is the reason the Federal Bureau of Investigation looked to arrest him.
He became the subject of widespread scorn in September for defiantly raising the price of Daraprim from $13.50 to $750 a pill, an increase he defended as “a good business decision”.
Martin Shkreli, whose arrest delighted countless people appalled by his unapologetic stance after hiking the price of a life-saving drug by 5,000 percent, is being replaced on an interim basis by Ron Tilles, according to a statement issued Friday by Turing, which is privately held.
Shkreli has often used Twitter to parry with critics, project what some call a “pharma-bro” persona-which includes a love of hip-hop that led him to buy an unreleased Wu-Tang Clan album for $2 million-and even make industry connections.
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In other news, it was reported on Sunday that his Twitter account has been hacked. He was later ousted from the company, where he’d been CEO, and sued by its board. The company announced it would shut down right before Shkreli and a group of investors swooped in with cash and pledges of financing to keep it going.
