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Ex-drug executive Shkreli hires lawyer to celebrities for fraud case
Source: Reuters
World | Tue Feb 2, 2016 12:03pm EST
Ex-drug executive Shkreli hires lawyer to celebrities for fraud case
NEW YORK | BY NATE RAYMOND
Former drug executive Martin Shkreli, facing an indictment for engaging in securities fraud, replaced his legal team on Tuesday with a New York lawyer whose past clients have included former International Monetary Fund chief Dominique Strauss-Kahn and rapper Sean "Diddy" Combs.
Shkreli, 32, had gained notoriety before his indictment when Turing Pharmaceuticals, which he headed at the time, raised the price of a drug used to treat a dangerous parasitic infection to $750 from $13.50.
The lawyer, Benjamin Brafman, confirmed on Tuesday that he had been hired to represent Shkreli, who was arrested in December on charges filed in federal court in Brooklyn, New York.
"We are confident that he will be fully exonerated," Brafman said in a statement. "It is clear that Mr. Shkreli never intended to violate the law, nor did he ever intend to defraud anyone."
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Ex-drug executive Shkreli hires lawyer to celebrities for fraud case
NEW YORK | BY NATE RAYMOND
Former drug executive Martin Shkreli, facing an indictment for engaging in securities fraud, replaced his legal team on Tuesday with a New York lawyer whose past clients have included former International Monetary Fund chief Dominique Strauss-Kahn and rapper Sean "Diddy" Combs.
Shkreli, 32, had gained notoriety before his indictment when Turing Pharmaceuticals, which he headed at the time, raised the price of a drug used to treat a dangerous parasitic infection to $750 from $13.50.
The lawyer, Benjamin Brafman, confirmed on Tuesday that he had been hired to represent Shkreli, who was arrested in December on charges filed in federal court in Brooklyn, New York.
"We are confident that he will be fully exonerated," Brafman said in a statement. "It is clear that Mr. Shkreli never intended to violate the law, nor did he ever intend to defraud anyone."
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Read more: http://www.reuters.com/article/us-usa-crime-shkreli-idUSKCN0VB1Z8
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