A conviction could see Shkreli, who stepped down as Turing’s CEO (Drug price gouger Martin Shkreli resigns from Turing Pharmaceuticals), face a 20-year jail term.
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Stores offer extra deals and extended hours for last-minute shoppers
On the next day, they will welcome buyers at 7 a.m and their closing hours differs depending on the location. Ottawa City Hall, seven client service centres and provincial offence courts are closed on Christmas Day.
The charges against Shkreli predate his management of either Turing or KaloBios. In the indictment, he is accused of diverting capital from another pharmaceutical company, Retrophin, in order to pay back investors who lost money in his fund, among other charges.
Spanish lottery to pay out .4 billion
Lottery officials say that can happen because bettors don’t pick their own numbers. The Spanish Christmas lottery is the largest lottery in the world.
At the moment Shkreli remains at the helm of KaloBios, a company which he joined as CEO last month, although The Street has suggested that efforts are already underway to achieve a separation.
‘Mystery of Gold Artifact’ That Stumped Israeli Archaeologists Solved by
Israel’s Antiquities Authority studied the 8kg gold sceptre for six months following its discovery in a Jerusalem cemetery. Ganor confirmed that his office thoroughly x-rayed the object, which was believed to be some type of scepter.
Shkreli, 32, was arrested Thursday morning in NY on securities fraud charges related to one of his previous companies, Retrophin Inc.
Shkreli and Tony Chase also resigned from the board of directors, the drugmaker said Monday in a statement. The drug to be tested was KB003, which was being developed to treat a form of leukemia. Its shares tumbled 70 percent in January after its drug for lung infections failed in testing. He had also said the price hike would help the company develop new drugs.
In a Saturday tweet, Shkreli said that the fraud allegations against him are “baseless and without merit”. 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.
Trading in KaloBios shares was halted on Monday for the third straight session.
Pharmaceutical executive Martin Shkreli has been arrested. A Federal Bureau of Investigation official earlier said Shkreli pursued “a securities fraud trifecta of lies, deceit and greed”.
Pharma bad boy Martin Shkreli is griping that federal authorities charged him with securities fraud crimes because he teased people over the Internet, as well as because of his controversial price hike of a drug that helps HIV patients, a new report reveals.
The personal Twitter account of one of the most controversial men of the year has been hacked.
In September, Turing increased the price of a Damaprim pill from $13.50 to $750.
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A series of seven tweets at midday EST on Sunday from Shkreli’s account included: “Anyone want free money?”
