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Martin Shkreli says securities fraud charges are ‘baseless’

December 20, 2015 by · Leave a Comment 

By Frank McGurty NEW YORK (Reuters) – Martin Shkreli, the pharmaceuticals entrepreneur vilified for jacking up the price of a life-saving AIDS drug, said on Saturday that unrelated securities fraud allegations that resulted in his arrest this week were “baseless and …

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Martin Shkreli says securities fraud charges are ‘baseless’

his-management

Martin Shkreli says securities fraud charges are ‘baseless’

December 20, 2015 by · Leave a Comment 

By Frank McGurty NEW YORK (Reuters) – Martin Shkreli, the pharmaceuticals entrepreneur vilified for jacking up the price of a life-saving AIDS drug, said on Saturday that unrelated securities fraud allegations that resulted in his arrest this week were “baseless and without merit.” Federal prosecutors have alleged that Shkreli was running a Ponzi-like scheme at his former hedge fund and a company he headed …

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Martin Shkreli says securities fraud charges are ‘baseless’