New York’s attorney general and the Federal Trade Commission filed a lawsuit today against “pharma bro” Martin Shkreli by rachsandl
Shkreli was found guilty on three of the eight counts involving securities fraud and conspiracy to: New York’s attorney general and the Federal Trade Commission filed a lawsuit on Monday against “pharma bro” Martin Shkreli—who is currently in prison for securities fraud—for allegedly participating in an illegal scheme to prevent competitors from selling cheaper generic versions of its drug, Daraprim, after his company raised the drug’s price by more than 4,000% in 2015.
The suit alleges the “company took specific actions to impede and delay entry by competitors and preserve its monopoly over profits,” the New York Attorney General’s office said in a statement.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Authorities Seek Lifetime Ban For ‘Pharma Bro’ Martin Shkreli In New LawsuitNew York's attorney general and the FTC accuse Shkreli of allegedly impeding generic drugs from entering the market to preserve a monopoly.
Read more »
China extends Lunar New Year holiday as new virus toll risesChina's health minister warns that a new virus “is getting stronger” in its ability to spread, as the death toll rises to more than 80. There are more than 2,700 confirmed cases across the country.
Read more »
New virus mutes Lunar New Year celebrations worldwideA new virus that started in China and is popping up around Asia and the world hung over the first day of the Year of the Rat.
Read more »
From Chinese to Tibetan, all the most delicious Lunar New Year dishes explainedA mouthwatering explainer of the cultural significance behind Chinese whole fish, Vietnamese rice cake, Korean short ribs, Tibetan dumplings and more.
Read more »
How To Get A Great New Job In 2020Now is the perfect time to do something constructive and meaningful with your work-life. If there is no upside where you are, then it's time to move on to a better, more well-paying job where you’re appreciated.
Read more »
POLITICO announces AgencyIQ, a new division focused on the regulatory environmentThis morning, POLITICO founder and publisher Robert Allbritton announced the launch of AgencyIQ, a new division and business line aimed at providing deeper coverage of the ever-changing regulatory landscape
Read more »