Retrophin founder Martin Shkreli settles all outstanding disputes with company

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Retrophin founder Martin Shkreli settles all outstanding disputes with company GlobeBusiness

Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, has settled all outstanding disputes with Retrophin Inc., the biopharmaceutical company he founded in 2011 and which ousted him three years later.

The settlement also covers claims Retrophin first raised in August 2015, in a $65 million lawsuit accusing Shkreli of repeatedly breaching his duty of loyalty to the San Diego-based company. That case moved to arbitration last year.“Retrophin and Martin Shkreli have reached a settlement resolving all outstanding disputes between them,” the spokeswoman said. “We are pleased with this outcome.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globebusiness Chunky monkey !

globebusiness Money buys Innocence!!! This guy is a genius, but a horrible human. HORRIBLE!! His own Lawyer talked Sh$t about him but, was getting paid well, so Meh.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morning Update: Airbnb’s impact on rental market; Quadriga founder moved customer funds; Ontario health-sector layoffsAlso: Raptors President Masai Ujiri had NBA identification, but not proper credentials leading up to altercation Airbnb's activities are causing a housing crisis. The sooner the crisis is tackled, the better solutions we'd get. A housing crisis isn't one to be taken lightly. It affects every fabric of society.
Source: globeandmail - 🏆 5. / 92 Read more »