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.
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