CEO rapped over drug price hikes charged with securities fraud

December 17, 2015 3:33 PM

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CEO rapped over drug price hikes charged with securities fraud

The reviled poster boy of drug price hikes Thursday became the target of a criminal securities fraud charges.

Martin Shkreli, a pharmaceutical industry entrepreneur previously criticized for raising the price of life-saving drugs such as those used to fight HIV and cancer, was arrested early Thursday in New York City on securities fraud charges, said FBI spokeswoman Kelly Langmesser.

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