business again in the pharmaceutical business, a judge ordered on Friday.
The court order is tied to a lawsuit, filed by the Federal Trade Commission and several states, including New York and California, that accused the imprisoned Shkreli of monopolistic behavior.
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Serious question: Does a federal judge really have the authority to ban someone from an industry?
just right....
Oh so they will go after thse selling insulin for $1,000 a vial when it cost a few dollars to make?
Do Manchin’s daughter
After millions and millions and millions
Just like Congress and The Senate should be banned from buying stocks.
He's also got a grin on his face. He's the real Joker. And evil.
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Martin Shkreli Banned for Life From Drug Industry, Ordered to Pay Nearly $65 MillionMartin Shkreli, the so-called pharma bro embroiled in a drug-pricing scandal, was banned for life from the pharmaceutical industry on Friday after a federal court found that he engaged in illegal and monopolistic behavior Beautiful. illegal and monopolistic behavior, isn't that the norm in the pharma industry? Now do the Purdue family.
Source: WSJ - 🏆 98. / 63 Read more »
U.S. judge bars Martin Shkreli from drug industry, orders $64.6 million paymentWASHINGTON (Reuters) -A U.S. judge on Friday barred Martin Shkreli from the pharmaceutical industry for life and ordered him to pay $64.6 million after he famously raised the price of Daraprim and fought to block generic competitors. U.S. District Judge Denise Cote in Manhattan ruled after a trial where the U.S. Federal Trade Commission and seven states had accused Shkreli, the founder of Vyera Pharmaceuticals, of using illegal tactics to keep Daraprim rivals out of the market. Shkreli drew notoriety in 2015 after hiking Daraprim's price overnight to $750 per tablet from $17.50. So we can bar a private citizen from a private industry for the damage he caused to it and the people his decisions negatively affected but we cant bar a private citizen from public office for attempting to overthrow the government
Source: YahooNews - 🏆 380. / 59 Read more »