Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(61,894 posts)
Mon Jan 25, 2016, 04:43 PM Jan 2016

Ex-drug CEO Shkreli gets green light to appear before Congress

Source: Reuters

World | Mon Jan 25, 2016 1:45pm EST

Ex-drug CEO Shkreli gets green light to appear before Congress

NEW YORK | BY JONATHAN STEMPEL

A federal judge on Monday gave Martin Shkreli, a former pharmaceuticals executive facing securities fraud charges, permission to appear at a Congressional hearing on drug pricing.

U.S. District Judge Kiyo Matsumoto in Brooklyn, New York modified Shkreli's bail conditions so that he may appear by subpoena before the House Committee on Oversight and Government Reform.

Shkreli has said he plans to invoke his right against self-incrimination if he attends.

The hearing has been rescheduled to Feb. 4 from Jan. 26, following this weekend's snowstorm.

Shkreli's $5 million bail package had limited his travel to New York, prompting his lawyers to seek the judge's "guidance" on how their client could comply with the subpoena.

[font size=1]-snip-[/font]


Read more: http://www.reuters.com/article/us-usa-crime-shkreli-idUSKCN0V32C5
Latest Discussions»General Discussion»Ex-drug CEO Shkreli gets ...