Markets

Martin Shkreli violated lifetime pharma industry ban, FTC and states say in contempt claim

Summary

The Federal Trade Commission and multiple states have filed a contempt claim against Martin Shkreli. Authorities allege he broke a lifetime ban that was previously imposed following a trial regarding an illegal monopoly scheme for the medication Daraprim.

Shkreli was banned from the pharmaceutical industry after a trial found that he organized an illegal scheme to perpetuate a monopoly for the drug Daraprim.

Source: Read the full story at US Top News and Analysis

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