Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Health › ​FTC and seven states seek contempt ruling against...
Health

​FTC and seven states seek contempt ruling against Shkreli over pharma ban

The Guardian World Tuesday 13 October 2026, 16:54 UTC By Maya Yang 1 min read
Key Points

Martin Shkreli’s 2022 release conditions bar him from participating in the pharmaceutical industry, including ownership stakes or business decisionsThe Federal Trade Commission (FTC) and seven US states have alleged that pharmaceutical executive Martin Shkreli repeatedly violated a lifetime ban on participating in the pharmaceutical industry, and they are asking a judge to hold him in contempt. In a motion filed on Tuesday in US district court in New York City, the FTC and its state...

Martin Shkreli’s 2022 release conditions bar him from participating in the pharmaceutical industry, including ownership stakes or business decisions

The Federal Trade Commission (FTC) and seven US states have alleged that pharmaceutical executive Martin Shkreli repeatedly violated a lifetime ban on participating in the pharmaceutical industry, and they are asking a judge to hold him in contempt.

In a motion filed on Tuesday in US district court in New York City, the FTC and its state co-plaintiffs allege that 43-year-old Shkreli – nicknamed the “Pharma Bro” – has traded stocks in at least 60 pharmaceutical companies and publicly commented on their businesses since his release from prison in May 2022.

Continue reading...
Shkreli (ORG) Martin Shkreli (PERSON) decisionsThe Federal Trade Commission (ORG) FTC (ORG) US (LOCATION) New York City (LOCATION)
Originally published by The Guardian World Read original →

Related Stories

Social Security cost-of-living adjustment for 2027 may be above average. Some say it's not enough

Millions of Social Security beneficiaries may see a larger than average cost-of-living adjustment in 2027, according to experts' estimates. The Social Security Administration is expected to announce the COLA for 2027 on Wednesday with the release of new government inflation data. Social Security experts estimate that the COLA may raise benefits by 3.5% to 3.6% next year, which would be the largest increase in three years.

CNBC 15m ago

DR MARC SIEGEL: Pope Leo's lung surgery puts modern medicine alongside faith

When Pope Leo XIV visited Lourdes, France, on Sept. 26, he drank a glass of water from the spring at the Grotto of Massabielle, where St. Bernadette Soubirous reported visions of the Virgin Mary in 1858.Who knew last month that the pope might be calling on the healing waters to help in his own healing as he faces surgical removal of what the Vatican has described as "a small localized nodule" that he has said "was identified at a very early stage and well situated." The surgery will take...

Fox News 26m ago

Skydance Selloff Fuels Worst New-Bond Performance Since Pandemic

Skydance Selloff Fuels Worst New-Bond Performance Since Pandemic The selloff in Skydance Corp.’s high-grade bonds following their Sept. 30 issuance resulted in new debt trailing the broader market by the most since the depths of the Covid-19 pandemic, according to JPMorgan Chase & Co. Ten-day relative performance of new issues was 27 basis points worse than those in the bank’s investment-grade index as of Oct. 8, strategists led by Nathaniel Rosenbaum wrote in a note dated Tuesday. That’s...

Bloomberg Markets 32m ago

Several feared dead after boat capsizes in Bihar’s Vaishali

At least 10 people drowned after a boat carrying around 15 to 20 people, capsized in the Ganga in Rampur Shyamchand panchayat under Raghopur police station area in Vaishali district on Tuesday night. The bodies of five victims have been recovered. The passengers, mostly children and young men, were travelling to attend a feast at the house of Singheshwar Rai near Mata Maharani Sthan in Bhagatan Tola when the small boat capsized midstream at around 8.30pm.

Times of India 40m ago