In Shkreli Case, a Company Lawyer May Have Crossed the Line

December 21, 2015 6:30 PM

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In Shkreli Case, a Company Lawyer May Have Crossed the Line

The indictment of Martin Shkreli, the widely reviled head of a pharmaceutical company that secured the rights to a decades-old drug and then increased its price more than fiftyfold, was described by a F.B.I. official as the “securities fraud trifecta of lies, deceit and greed” — nothing particularly new when it comes to defrauding hedge fund investors.

What makes the case interesting is that a lawyer, Evan Greebel, has been charged as an accomplice for not protecting his corporate client that Mr. Shkreli is accused of using essentially as a personal piggy bank.

Also read: Man Falsely Linked to Bombing to Stand Trial in Assault Case

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