Ex-pharma CEO Shkreli calls fraud charges 'baseless'

December 21, 2015 10:15 AM

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NEW YORK (AP) - Ex-pharmaceutical company CEO Martin Shkreli (SHKREL'-ee) says fraud allegations against him are "baseless and without merit."

The 32-year-old former hedge fund manager pleaded not guilty Thursday in Brooklyn federal court and was released on $5 million bail.

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