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BusinessBusiness Insider2h ago

FTC says Martin Shkreli 'flagrantly and repeatedly' violated his lifetime pharma ban

The Federal Trade Commission and seven state attorneys general want a federal judge to find Martin Shkreli in contempt.

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AI SUMMARY

# FTC Pursues Contempt Finding Against Martin Shkreli for Pharma Ban Violations The FTC and seven state attorneys general are seeking a federal contempt charge against Martin Shkreli for allegedly violating his lifetime ban from the pharmaceutical industry through continued involvement in drug pricing and distribution activities. If successful, the legal action could result in significant financial penalties and imprisonment, sending a strong market signal about regulatory enforcement against pharmaceutical executives who attempt to circumvent ban orders.

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