Former pharmaceutical executive Martin Shkreli will remain in prison after the U...
FILE PHOTO: Former drug company executive Martin Shkreli arrives at U.S. District Court for the fifth day of jury deliberations in his securities fraud trial in the Brooklyn borough of New York City, U.S., August 4, 2017. REUTERS/Carlo Allegri
The justices refused to hear Shkreli’s appeal of his August 2017 conviction and $7.36 million forfeiture for cheating investors in two hedge funds he founded, and trying to prop up the stock price of biotechnology company Retrophin Inc, which he once ran. “It was a long shot,” Shkreli’s lawyer Mark Baker said in an interview. “We’re disappointed, but will move on.”
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