A federal judge in Manhattan on Friday handed down a harsh punishment to notorious “Pharma Bro” Martin Shkreli, the former hedge fund manager who infamously hiked the price of a life-saving drug by more than 5,000% overnight, CNBC reported.
As a penalty for his monopolistic behavior, Judge Denise Cot banned Shkreli from the drug industry for life and ordered him to pay back more than $64 million of the profits he earned after hiking the cost of anti-parasitic drug Daraprim from $13.50 a pill to an eye-popping $750 per pill in 2015.
At the time, Daraprim was the only federally […]
Read the rest of this story here: www.theblaze.com
Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.
