Todays Date:  
   rss

LLP LEGAL NEWS


An appeals court in New York says the former lawyer of a notorious pharmaceutical executive was properly convicted in a financial fraud case.

The 2nd U.S. Circuit Court of Appeals on Wednesday rejected Evan Greebel's challenge to his December 2017 conviction at a Brooklyn trial.

Prosecutors say Greebel helped Shkreli (SHKREL'-ee) steal millions of dollars when he was chief executive of biopharmaceutical company Retrophin.

Greebel's lawyer declined to comment. Greebel was the company's outside counsel from 2011 to 2014.

Shkreli was dubbed Pharma Bro and is perhaps best known for boosting the price of a life-saving drug and trolling his critics on social media.

He was convicted in 2017 of fraud for looting Retrophin of $11 million to pay back investors in failed hedge funds he operated. Shkreli is serving a seven-year prison sentence.



Top Tier Legal Web Redesign by Law Promo

© LLP News. All Rights Reserved.

The content contained on the web site has been prepared by Breaking Legal News.
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance.