Martin Shkreli pushes back on lifetime public company ban from prison cell in bid to get back to business
Despite serving his stint behind bars, the Martin Shkreli saga continues to sprout legs with new lawsuits popping up. Now, in anticipation of being a free man once again, Shkreli is pushing back on a federal ban that would seek to keep him out of a public company’s boardroom for the rest of his life.
Shkreli’s lawyers hope to rescind the former Retrophin CEO’s lifetime ban from the SEC on serving as a director or officer of a publicly traded company, arguing that other disgraced executives have received much more lenient 10-year bans, according to a brief filed in a NY courtroom.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.